(Reuters) - Chinese property developer Redsun Properties said on Friday it would not be able to pay its $350 million bond maturing on January 13, which includes the principal and the accrued interest.
HONG KONG, March 28 (Reuters) - A string of Chinese property developers reported weaker financial results for 2023 on Thursday, including Vanke (000002.SZ), opens new tab, China's second largest ...
The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another setback to ...
Chinese property developer stocks had a rare day of outperformance in the Hong Kong market, posting sharp gains amid hopes that more policy support is on the way. Property was one of the ...
Chinese property giant Evergrande's shares will be taken off the Hong Kong stock market on Monday after more than a decade and a half of trading. It marks a grim milestone for what was once China's ...
Chinese developer Seazen Group plans to raise $300 million via a bond sale, a move that could offer a glimmer of hope about the property sector's efforts to combat continued financial woes. Seazen, ...
State-backed property developer China Vanke, once the country’s largest homebuilder by sales, narrowly avoided defaulting on a 2 billion yuan ($284 million) bond last week as the painfully slow ...
China South City Holdings, a smaller property developer, was also ordered to liquidate on Monday. Evergrande, founded in the mid-1990s by Hui Ka Yan, also known as Xu Jiayin, had over 90% of its ...
Shares of several Chinese property developers rose in Hong Kong morning trade Monday, following their latest profit guidance for the first six months, with rate cuts by the People’s Bank of China also ...