A multitude of factors such as social stability and impacts on the property market will be at play when Chinese courts decide on whether to accept the Hong Kong court's ruling on the debt-laden developer
The verdict in Hong Kong came as no surprise. Analysts are now anxious to see how courts on the mainland react to this outcome, and what impact it will have on moves to rev up the economy
The move “will help accelerate a reduction of housing inventory and promote activity of the property market," one analyst said
A Hong Kong Court is due to hear applications on Monday to wind up the world's most indebted developer in what may be one of the biggest and most complex liquidation cases ever.
Move to relax lending rules seen as unlikely to have a significant impact because banks won't lend to private developers unless they're forced to, analysts say
Crypto trading has remained popular in China despite being banned on the mainland three years ago; endorsement of crypto in Hong Kong has allowed easy access to bitcoin and other tokens
The group owns more than $2 billion in offshore notes guaranteed by the real estate firm which faces $300bn in liabilities
The number of foreclosed home deals in China jumped by well over a third to nearly 390,000 in 2023, while new home prices suffered their worst slump in nine years
Leading US economist Paul Krugman says China masked its inadequate consumer spending for years by promoting an "insanely large" real estate bubble, which is now being deflated
It’s feared the unrelenting downturn in the sector that accounts for around a quarter of China's economy could drag on the country's broader recovery
A slew of economic readings early on Wednesday suggest China lost more momentum heading into the new year, despite a flurry of government support measures; investors appeared most rattled by ominous real estate data
The economic slowdown and uncertainty over jobs has led to many young Chinese opting to stay single and give up on dreams of having children