The biggest percentage gainers in the main Composite index were Jiangsu Liance Electromechanical Technology , up 14.8%, followed by Beijing Dalong Weiye Real Estate Development, gaining 10.18%, and ... ( read original story ...)
China’s stock watchdog fines property developer Evergrande, slaps lifetime ban on its chairman
Troubled property developer China Evergrande Holding says Beijing's stock watchdog has fined it 4.2 billion yuan ($333.4 million) for allegedly falsifying its revenue, among other allegations ... ( read original story ...)
Chinese Property Giant Hit With Damning Financial Charges
China's securities regulator handed Evergrande a $583 million fine and barred founder Hui Ka Yan from the capital markets. ( read original story ...)
China’s Policy Meeting on Property Raises Hope of Aid for Sector
China’s Premier Li Qiang called for further optimization of property policies to stimulate demand, in a sign that more support may be on the way for the troubled sector. ( read original story ...)
Fitch downgrades Chinese property giant Vanke
Fitch downgraded the credit rating of major Chinese property developer Vanke today, the second agency to do so in ten days as the country's ... ( read original story ...)
China stocks fall over deepening property crisis
SHANGHAI: China stocks fell on Tuesday, tracking regional markets lower, as worries over the country’s deepening property crisis and soft domestic demand offset signs of improvement in factory output. ( read original story ...)
Evergrande: China property giant and its founder accused of $78bn fraud
Struggling Chinese property giant Evergrande and its founder, Hui Ka Yan, have been accused of inflating revenues by $78bn (£61.6bn) in the two years before the firm defaulted on its debt. The country ... ( read original story ...)