Chinese developer Shimao Group received a liquidation petition from China Construction Bank (Asia) against it in Hong …
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Evergrande Group
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FeatureInternational NewsMoneyNewsReal Estate
China’s Country Garden faces liquidation petition
by Nada Aliby Nada AliChinese developer Country Garden is facing a liquidation petition for non-payment of a $205 million loan, which …
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FeatureInternational NewsNewsReal EstateTech/AI
China’s Whitelist mechanism funds 1st property project
by Aya El Sayedby Aya El SayedA Chinese government-supported property project received a loan of 330 million yuan ($46 million) shortly after the …
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FeatureInternational NewsNewsStocksWorld
Asian stocks subdued as China property sector worries weigh on
by Nada Aliby Nada AliStocks in Asia fell on Tuesday, hurt by the court-ordered liquidation of property giant China Evergrande and …
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FeatureInternational NewsNewsStocksWorld
Asia stocks gain after Evergrande’s liquidation
by Nada Aliby Nada AliAsian markets advanced after heavily indebted property developer China Evergrande was ordered to undergo liquidation. The Hang …
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FeatureIndustry & TradeInternational NewsNewsReal EstateTech/AI
China’s Evergrande faces winding-up petition in H. Kong court
by Nada Aliby Nada AliChina Evergrande Group will appear once again in Hong Kong court on Monday in an attempt to …
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Financial InstitutionsInternational NewsMoneyNewsReal Estate
Morgan Stanley cuts China’s 2023 economic growth forecast to 4.7%
by Nada Aliby Nada AliMorgan Stanley currently expects China’s GDP growth of 4.7 percent this year, down from its previous forecast …