The ailing real estate group plans to offer sweeteners in the form of shares in two of its overseas-listed units as part of its debt revamp

Many investment funds have taken a hit from China's property sector meltdown, which was made worse by the Covid lockdowns in major cities in the second quarter

The People's Bank of China will initially issue about 200 billion yuan of low-interest loans, charging about 1.75% a year, to state commercial banks

The real estate group, struggling under about $300 billion of debt, bought the Wan Chai tower for HK$12.5 billion ($1.6 billion) seven years ago

Rising concern about consumer and business confidence in China - as strict curbs aimed at stamping out Covid-19 undercut a return to prosperity - have hampered growth

The developer will issue 870 million new shares, or 3.6% of the enlarged share capital, at HK$3.25 each, to professional and institutional investors in the share sale

China's investments in countries that are part of its Belt & Road scheme saw a small decline in the six months to June, with Russia, Sri Lanka and Egypt getting zero investments, the report said.

The fund has an initial $12bn from China Construction Bank and the PBOC to buy and complete unfinished projects. More insights are expected when Evergrande releases its debt plan this week

Landlords believe that the continuing impact of the pandemic on Hong Kong real estate will be limited in the future, as renters have mostly adapted to the new circumstances

The beleaguered developer's two most senior executives submit their resignations after audit reveals involvement in improperly diverting funds

The boycott may affect more than 7.3 million people, dampening market confidence, sales and investment, says BofA

The anti-dumping duty rates are set at 39% to 45.7% for Japanese firms including JFE Steel Corp and Nippon Steel Corp, 37.3% for Korean companies and 46.3% for EU firms