Four of the firms are linked to Shimao, which is discussing payment arrangements with creditors, while Kaisa Group Holdings and Greenland Group are also on list

Outstanding overseas institutional holdings of interbank bonds rose to a total of 4 trillion yuan ($628 billion) at the end of last year

Industry experts believe the penalty sends a message to the credit reporting industry that authorities will ensure security for personal financial information

Ronnie Chan, chairman of Hang Lung Group, said it is important to have capital from outside the city and constantly keep it flowing in

The Baltic nation has found itself the target of trade curbs after it allowed the island to open a de-facto embassy in its capital Vilnius under its own name

China’s cabinet has moved to quicken the pace of 102 major projects outlined in its 2021-25 plan as leaders admit that stabilising the economy in the first half of 2022 will be an uphill battle

US electric vehicle maker achieved the highest monthly rate since it started manufacturing in Shanghai in 2019

The moves follow an import suspension by South Korea last month, after Canada reported its first bovine spongiform encephalopathy case in six years.

Shimao Group said it is in talks with potential buyers such as China Vanke and may consider disposing of some properties to reduce debt

More unwelcome surprises this month have meant no let up in the property crisis that wiped over a trillion dollars off the sector last year

The warning was issued after its shares closed below $1 for 30 consecutive business days through to January 3, Fangdd said

Anyang, a city with a population of 5 million in central Henan Province, is the latest city in recent weeks to begin city-wide testing and impose strict Covid-19 prevention measures