A Chinese property developer, Sunshine 100 China, has defaulted on $179 million of debt and interest payments that come due on Sunday, reports Bloomberg. The company announced that it is una... Read more
Three Chinese property developers, including Country Garden Holdings and Longfor Group, intend to sell bonds in China to collect a combined RMB 18 billion ($2.83), reports Reuters. The plans... Read more
Chinese internet company ByteDance, owner of short-video app TikTok, has purchased a 20% stake in Beijing Maitian Real Estate Brokerage, signaling their latest foray into the China property... Read more
Struggling Chinese property developer Kaisa has had an offer to lengthen the maturity of their debt rejected by its offshore bondholders, casting further doubts over the company’s attempts t... Read more
A certain number of Chinese banks have been told by financial regulators to issue loans to property developers for building projects, an attempt to somewhat ease cash crises that are pervasi... Read more
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