The Shanghai office of China’s top banking regulator slapped RMB 9.1 million ($1.4 million) of fines on banks for property loan violations as China continues to clean up irregularities in th... Read more
Investors continued to sell China Evergrande Group’s stock Tuesday as the debt-ridden property giant scrapped a planned special dividend and after global ratings agency S&P cut its... Read more
Shares in China Evergrande jumped from four-year lows after the highly indebted property group announced it had resolved a legal dispute with a Chinese bank, reported the Financial Times. Th... Read more
The top news has been Didi Chuxing’s huge IPO in New York, followed by the sudden, and for sure carefully-timed announcement from Beijing that Didi was subject to a security review based on... Read more
As China Evergrande Group tries to quell concerns about its financial health, the property giant has gone to great lengths to publicize its shrinking debt load, reported Bloomberg. The devel... Read more
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