Shares and bonds in China Evergrande, the country's most indebted developer, plunged for a second day on Tuesday, after sales of two real estate projects were suspended by local authorities, ... ( read original story ...)
China Evergrande dives as property sector worries deepen
Shares and bonds in China Evergrande, the country's most indebted developer, plunged on Monday after news a Chinese court had frozen one of its bank accounts deepened concern over the impact of ... ( read original story ...)
Financials weigh down China shares, tech slump hits Hang Seng
SHANGHAI, July 19 (Reuters ... and Alibaba’s Alipay on its official WeChat account. ** Property developer Evergrande sees share plummet 7.14% after an adverse court ruling came to light, freezing ... ( read original story ...)
China’s Luxury Retirement Homes Draw Millions From Investors
Sydney-based property and infrastructure company Lendlease Corp Ltd ... but it has certainly gotten started,” said Ye Liming, a director at the Shanghai Senior Service Industry Association. The ... ( read original story ...)
A room with a view: Hotel opens atop world’s 2nd tallest building
J Hotel opened on June 19 atop Shanghai Tower, China’s tallest skyscraper and the second tallest building in the world at 632 meters – 196 meters short of record holder, Dubai’s 828-meter Burj Khalifa ... ( read original story ...)
Hong Kong-China Cross Border Insolvency Agreement Gives Creditors Greater Access to Assets in China
As a result of a recent signing between Hong Kong and Chinese officials, assets tied up in China that were previously hard to reach may be more readily accessible to creditors outside of the PRC. ( read original story ...)
China to order developers to disclose commercial paper debt every month – sources
Chinese regulators want property developers to disclose details of rapidly growing commercial paper issuance in their monthly reports, said three sources, as part of Beijing's move to rein in ... ( read original story ...)