CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while Agile Group announced its second such capital raising s... Read more
China Evergrande Group’s shareholding in its property services unit has fallen to 51.71% from 58.18% after forced selling of pledged shares by a third party, a Hong Kong stock exchange... Read more
Beleaguered Chinese property developer Sunac China Holdings rolled out its long awaited $9.1 billion debt restructuring plan on Friday, vying to return to health in 2023, reports the South C... Read more
Struggling property developer Sunac China agreed to sell nearly 90% of its interest in one of its most valuable projects in Shanghai to two state-owned investors, reports Caixin. Sunac sold... Read more
At least four developers are rushing to the market to raise funds in what is likely to be the first wave of stock placements, after Chinese regulators lifted a six-year ban on equity financi... Read more
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