Fresh Moody's downgrade of Shimao's rating also hits investor confidence, highlighting the debt travails bedevilling some bloated developers

China's 30th largest developer by sales has seen its shares seesaw. The stock rose as much as 12% on Tuesday after a 13% drop on Monday

Official says city would continue to be gateway between the Mainland and international markets, as well as a bridge for international capital

Fundraising by Chinese property developers via bond issuance hit a 10-year low in January despite policy easing by regulators that slightly lifted investor sentiment, a Moody’s analyst said on Tuesday

The Southeast Asian country aims for a 75% reduction in greenhouse gas emissions by 2030 under its commitment to the Paris Agreement

China is now the world’s third-largest green bond market after France and Germany, accounting for about $145 billion of green bonds outstanding

A Zhenro Sept 2024 exchange-traded bond slumped more than 25%, triggering a trading suspension, while onshore bonds issued by units of Logan, R&F, Shimao and Ronshine also fell

Local financial media Cailianshe said Zhenro had denied market speculation it had plans to restructure its dollar bonds

The Chinese developer, with more than $300 billion in liabilities, has been struggling to repay creditors, suppliers, and deliver homes

Central bank expects a large amount of cash to come back into the banking system, while a relatively big amount of treasury bonds will mature this week, replenishing liquidity

Third-quarter earnings figures contrasted with the previous year, which had benefited from high trading activity thanks to a massive injection of cash into capital markets by the Fed.

China's CSI 300 blue-chip share index falls to lowest in 16 months, other Asian stocks decline around 2%, as Fed indicates it may raise US interest rates in March