Clare Jim
Stories by Clare Jim
Chinese developers’ debt woes worsen as sales, yuan weaken
A bond default by Zhongliang would deepen investor worries about China's property sector.
China Evergrande gets six-month extension for Hengda onshore coupon payment
It is the latest of several payment extensions for Evergrande's onshore bonds.
Construction has resumed at 95% of China Evergrande projects
Evergrande is the world's most indebted property developer, with over $300 billion in liabilities.
Kaisa becomes latest China developer to delay earnings results
Kaisa said a virus lockdown in Shenzhen left audit work incomplete so it cannot publish financial results on time.
Trading in shares of property developer China Evergrande, units halted
Evergrande has so far avoided technical bond defaults onshore, though it has missed payments on some offshore bonds.
China developers Country Garden, Midea secure $3.3b M&A funding
This comes as Beijing steps up efforts to tighten control over the property sector.
Evergrande sells four projects to state-owned firms for $337m
The deal also gives Evergrande the right to repurchase the equity interest in the projects.
China’s property firm Shimao slips on loan payment delay plans
Shimao's plan to extend loan payments is yet to be approved by creditors.
China courts freeze Evergrande assets worth $157m over missed construction payments
Evergrande is the world's most indebted property developer with over $300 billion of liabilities.
State-owned Chinese developer Grandjoy gets $1.6b facility to fund M&A
Grandjoy is the property unit of Chinese food group COFCO Corp.
