Hong Kong Stock Exchange tells China Evergrande to get a winding-up plea filed by a creditor dismissed for its shares to start trading

Average new home prices across 70 key cities were steady month-on-month, after a 0.1% drop in May and a 0.2% decline in April, data showed

Shares of struggling developers dropped further on Friday as homebuyers' refusal to repay loans on partly built apartments outweighed government assurances to get projects completed on time

Fiscal revenues in January to June rose 3.3% from a year ago, faster than a 2.9% rise during the January-May period

The CSI300 Bank index fell as much as 3.3% in early trading, its lowest since March 2020, hitting banks and developers as the 'Stop Mortgage Repayment' protest spreads to over 100 projects

Evergrande said it is in negotiations with bondholders to reach a deal as soon as possible, its statement to the Shenzhen Stock Exchange showed

In a proposal to bondholders, Hong Kong-listed Powerlong aims to pay 5% of principal on the due date of the bonds, 15% after six months, and the final 80% after 12 months, sources said.

China Evergrande Group is checking to see if offshore creditors will back its plan to fight a lawsuit in Hong Kong aimed at liquidating the group, a source says

The struggling real estate firm blamed "market uncertainties over debt refinancing” for being unable to repay its creditors in time

New home prices in 100 cities rose 0.04%, up from a 0.03% gain in May, according to data from China Index Academy, one of the country's largest independent real estate research firms

The food-for-homes trade has expanded from wheat and garlic to watermelons and peaches, as developers in some small cities reduce the cash amount that buyers need

The real estate company completed a one-year maturity extension on $500 million in senior unsecured notes, prompting S&P to regrade it one notch higher to "CCC".