The "diagrid" format reduces the building’s interior solar gain while responsive solar shading technology protects the interior from sunlight
Shimao defaulted on a trust loan last month and has been scrambling to extend debt maturities including asset-backed securities and trust loans with creditors
China's 30th largest developer by sales has seen its shares seesaw. The stock rose as much as 12% on Tuesday after a 13% drop on Monday
Fundraising by Chinese property developers via bond issuance hit a 10-year low in January despite policy easing by regulators that slightly lifted investor sentiment, a Moody’s analyst said on Tuesday
Asia Financial identifies five more Chinese real estate companies – facing billions of dollars of debt and junk rating downgrades – which are prime candidates for default in 2022
Banks in 87 cities cut mortgage rates in February, a research group said, in a bid to boost sales in China's property market chilled by efforts to cut huge amounts of debt held by some developers
Shortfall under state government’s proposed changes to developer levies will harm recovery from pandemic, Sydney's city council says
The Bank of China, ICBC, China Construction Bank and Agricultural Bank cut mortgage rates for first-time homebuyers to 80 basis points of the benchmark loan prime rate in southern city
Shares and foreign bonds of Zhenro slumped again on Monday, after it said existing resources may be insufficient to repay debt due in March
Prices rose as efforts to soften the blow from tough regulatory curbs on the sector supported buyer sentiment, particularly in big cities
The rises came after banks in Heze, a city in eastern Shandong province, eased mortgage requirements for some home purchases
China's property slowdown contributes to Swiss elevator giant's predicted 20% drop in first-half 2022 profits