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The real-estate developer played down a leaked request for government help, and the country’s central bank said it wants healthy development of the property market. → Read More
Investors sold down securities after a leaked document showed a Sunac China Holdings unit asking for government help to ease its liquidity difficulties. → Read More
A selloff in Chinese property stocks intensified, as concern mounted about the effects of an official campaign to rein in the sector. → Read More
Beijing’s pressure on the real-estate sector is being widely felt, raising questions about how much economic pain China’s leaders are willing to stomach as they rein in yet another industry. → Read More
The cash-strapped developer said work has been suspended on some of its real-estate projects after it delayed payments to its suppliers and contractors. → Read More
The company, a major borrower in international bond markets, rattled global investors earlier this year after it delayed the release of its annual results. → Read More
China Evergrande said its flagship property business incurred a rare loss in the first half of 2021, another setback for the conglomerate, which expanded rapidly over the past decade and borrowed heavily. → Read More
Shares of Pinduoduo and JD.com rallied after the companies reported sales jumps and highlighted their contributions to society. → Read More
Regulators said the indebted developer needs to resolve its debt issues without destabilizing the property and financial markets. → Read More
Real-estate billionaire Hui Ka Yan is leaving the role months after the unit dropped plans for a multibillion-dollar listing on the mainland. → Read More
Shares of China Evergrande jumped after the cash-strapped property developer said it is in talks to sell some of its prized assets. → Read More
Yield-hungry investors are still snapping up Chinese property bonds, despite a recent string of defaults, tighter regulation and market unease about one of the country’s biggest developers. → Read More
The Jack Ma-controlled mobile-payments company will hold a 50% stake in the new entity, with the rest held by six other shareholders. → Read More
Stock in former darlings such as Meituan, Pinduoduo and Kuaishou has dropped by more than one-third from highs reached earlier this year. → Read More
Global stocks retreated on concerns about inflation, but U.S. futures rallied modestly, suggesting American markets could snap a three-day losing streak. → Read More
Debt from one of China’s biggest asset managers has plunged in value, sending tremors through the market for U.S. dollar bonds of Chinese companies. → Read More
Chinese regulators have warned that the industry has the characteristics of commercial insurance without being supervised as such. → Read More
China’s four largest banks reported that annual net profit rose between 1.2% to 2.9%. → Read More
Regulators are considering stricter rules on internet lenders’ fee-based business, people familiar with the matter say. → Read More
A new generation helped power rising consumption. Now, new financial regulations are forcing lenders to reassess their business strategies. → Read More