The struggling electric vehicle unit has been under pressure with its parent company trying to find a way out of a two-year debt crisis
Top leaders vowed 'forceful' measures to boost the economy but analysts were disappointed by the lack of detail to resolve concerns like the property downturn, local government debt, job creation and consumption
The new governor of the People's Bank of China has been described by some as a hawkish and capable technocrat experienced in crisis management
Real estate giants like Country Garden and Sunac China saw their shares rise 18% and 17% while investors also piled into property firms’ bonds
Top decision-makers vow to boost demand for autos, electronics and adjust property policies in a timely manner, Xinhua said
Senior leaders' vow to bolster support for China's ailing economy lifted the yuan and stocks on local markets on Tuesday
The struggling real estate giant posted a combined loss of $81 billion for 2021 and 2022, deepening investor doubts about the viability of the restructuring deal
US-based investment firm Bain Capital said on Sunday it will bulk the bulk of Adani Capital and Adani Housing for $120m and a liquidity line of $50m. Gaurav Gupta will continue as CEO.
Move by one of China's biggest developers to refinance part of a 2019 loan sent its shares down over 5% and left its bonds near record lows, as it faces more repayments this year
Wanda Group must pay a $400m bond on Monday, then a further $488m on the 29th, and a $600m bond in January. It's debt crisis has sparked fears more real estate giants could tumble
Goldman Sachs analysts project a 15% 12-month return for the CSI300, which is now down 0.5% for the year, in stark contrast to the 16% rise in world stocks.
The embattled property developer's overdue results showed steep losses and liabilities prompting some to question the viability of its restructuring plan