Clare Jim
Stories by Clare Jim
Chinese property developer Country Garden plans $360m share sale
The proceeds will be used for refinancing existing offshore debt and general working capital
Henderson Land targets bigger role in tackling HK’s housing problem
The Hong Kong government unveiled plans to provide homes for around 2.5 million people in remote districts.
China plans to set up $44b fund to tackle real estate crisis
The fund will be used to bankroll purchases of unfinished home projects
Evergrande canvassing creditors’ support against winding-up petition
The petition marks the first lawsuit of its kind against Evergrande, which has over $300b in liabilities.
Chinese property developer Shimao misses repayment on $1b bond
Evergrande, Kaisa Group and Sunac China have already defaulted their dollar bonds.
China’s top home developer Vanke says property market has bottomed
Vanke chairman Yu Liang, however, cautioned the recovery will be slow and mild.
China Evergrande faces winding-up lawsuit in Hong Kong
It is the first winding-up petition known to have been filed against Evergrande
China’s Jinke Smart Services halts trading ahead of M&A announcement
Shares of Jinke Property listed in Shenzhen slid more than 8% on Monday, after slumping 10% on Friday.
Chinese developer Zhongliang seals bond repayment extension as liquidity woes continue
Creditors holding $629m worth of 2022 bonds agree to exchange them for new notes due next year
Chinese developers’ debt woes worsen as sales, yuan weaken
A bond default by Zhongliang would deepen investor worries about China's property sector.