Guangdong said its two biggest metropolises Guangzhou and Shenzhen must allocate at least 10% of land for rental housing to meet rising demand for homes
The group's shares plunged more than 15% on Thursday to an all-time low and the stock has fallen more than 70% this year
Real estate developer's shares hit an all-time low on Thursday. Weak sales and a missed payment have heightened worries about debt-strapped firm's liquidity crunch
Third-quarter earnings from China's property sector and ancillary industries show Beijing's crackdown on borrowing is having an impact far beyond the Evergrande Group
China could nationalise its hugely indebted property companies to 'save' the real estate sector and even use legislation to ban land sales to developers, a research report has suggested
Embattled Chinese property developer says it delivered homes to 57,462 owners in the three months to October
Concern over spreading financial contagion worsened following a debt exchange from one of the country's top 20 homebuilders, which spurred further credit warnings
Prices for new homes were flat in October, hit by weak demand and tighter lending policies imposed to force real estate developers to shed their huge debts
Yango real estate group wants to exchange some dollar bonds and change terms of its other bonds to improve liquidity. The offer applies to $747m of notes due in early 2022 and Feb 2023.
Kaisa is seeking buyers for its Hong Kong-listed property management unit and two residential sites in the city, people with knowledge of the matter said on Friday.
Total home purchases in the major cities of Beijing, Shanghai, Guangzhou and Shenzhen increased by 22.4% last week
Group makes offer for all the shares of SPH via a scheme of arrangement and at S$2.10 per share in cash.