China offers mortgage cut to boost home sales in… The central bank gives local governments the green light to woo first-time homebuyers in what analysts see as a…
Chinese developer Country Garden ‘deeply sorry’… ‘We are facing a bitter winter that we have never seen in the history of China housing,’ says CEO Mo Bin, as the…
Country Garden profit falls 70% as property… Earnings at Chinese property developer Country Garden fell as much as 70 per cent in the first half of the…
Developers’ shares rise on news of China’s US$12… The shares of Chinese property developers rose on Monday on media reports that China’s State Council was stepping…
Evergrande misses deadline for $300bn debt… Evergrande has failed to meet a self-imposed deadline for a proposal to restructure its $300bn in…
Evergrande dangles sweeteners for time to… The dearth of details in Evergrande’s restructuring underscores the challenges in untangling the debts and…
China Evergrande C.E.O. Resigns After Loans Come… China Evergrande, the embattled Chinese property developer, said late Friday that its chief executive had resigned,…
Evergrande launches electric car at just over… The world’s most heavily indebted developer hopes its cut-price Hengchi 5 smart SUV will help revive its fortunes…
Evergrande EV set to open preorders HONG KONG -- China Evergrande New Energy Vehicle Group said on Tuesday it would start taking pre-orders for its…
Evergrande could face liquidation as creditor… The embattled developer received a winding-up petition from a creditor reportedly owned by a member of Hong Kong’s…