A Shanghai court has ordered the freezing of RMB 1.98 billion ($278.18 million) worth of shares in a unit of Dalian Wanda Group, China’s largest commercial property developer, reports... Read more
China’s new home prices rose for the fourth straight month in April but at a slower pace, official data showed on Wednesday, as government efforts to stabilise the sector lifted sentim... Read more
Property developer China Evergrande Group said on Friday it has received an enforcement notice from the court in relation to arbitral proceedings against its unit and executive director by H... Read more
ByteDance, the tech unicorn behind global hit short video app TikTok and its Chinese sibling Douyin, has disposed of its bricks-and-mortar real estate agency, taking a step back from China’s... Read more
Debt-ridden property developer China Evergrande Group said it will not be able to deliver its 2022 annual report on time, citing major changes in the company’s operating conditions since the... Read more
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