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.

A Thai hotel and resort company, Minor International, paid more than 60 million pounds ($79 million) in an auction to regain ownership of the group

The Shanghai-based company is managing to raise funds from capital markets while Kaisa Group, Sunac, China Aoyuan and Shimao Group suspended trading in Hong Kong

Activity in Chinese manufacturing and services simultaneously contracted in March for the first time since the height of the country's Covid-19 outbreak in 2020

The company's chairman said profit in 2022 may see some growth because it has 710 billion yuan in sales from last year that have yet to be booked

More decisive policy easing is needed at the city level to stimulate demand from wary buyers and inject new credit to stop more property-related firms from defaulting