The London-based private equity firm was able to reach 93% of its $750-million target nearly three years after launching Actis Asia Real Estate Fund 2

In its semi-annual financial stability review, the Reserve Bank of Australia emphasised the financial system was sound and banks were well capitalised

Data centre investment reached $5.1 billion in June 2021, with Hong Kong and China mainland experiencing the strongest growth, accounting for over 60% of the volume

Kaisa's move may set an example for other distressed developers, including China Evergrande and Shimao, to bring in SOEs or local governments to restructurings

Sales of previously owned homes in 50 cities rose by nearly 7 per cent from the previous quarter, while sales in March saw a month-on-month increase of over 40 percent

Outstanding loans to the industry decreased at the end of 2021 from a year ago at 17 out of 32 leading banks listed on the Hong Kong stock exchange

US bank has warned that the combination of Russia's war in Ukraine and China's property crash could see the worst wave of corporate defaults since the global financial crisis

Shares of HDFC Ltd and HDFC Bank were up 7% and 6.4%, respectively, after the announcement

The world's most indebted property developer, with over $300 billion in liabilities, has restarted work on 734 developments in China, according to a WeChat post

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) fell to 48.1 in March, indicating the steepest rate of contraction since February 2020

Hong Kong's currency peg means homebuyers could face fast-rising interest rates, because of its linked exchange system and upcoming US rate hikes, Nomura says

Shares of 14 Chinese developers and 18 other firms were suspended from trade by Hong Kong exchange on Friday for failing to declare results; many said audits were hit by Covid curbs.