Hui Ka Yan's holding in the embattled Evergrande Group has dropped from 61.88%, Hong Kong stock exchange filings showed, in a forced selling by a third party with whom the shares were pledged

NEV sales shot up to 450,000 units in November, but overall auto sales dropped 9% from a year earlier, industry data showed on Friday

Real estate sector has slowed sharply this year with sentiment shaken by tighter regulations and a liquidity crisis that engulfed the largest and most debt-laden developers

The decision follows a pledge from Xiomara Castro, the incoming president of Honduras, to switch recognition to Beijing

Washington is also allegedly considering adding more tech firms to the Commerce department's entity list and to the Treasury list banning US investment

Move comes after FT reported the US will put the firm on an investment blacklist on Friday, meaning US investors could not buy shares in the group

The outlook for the fourth quarter - normally a popular time for southerners to head north for winter breaks and northerners to head south for warmer weather - has dimmed

Dreamliner deliveries have been delayed for more than a year as Boeing, the aerospace manufacturer, has struggled to correct production problems

China's most powerful leader since Mao Zedong is steering the country back toward its socialist roots, upending financial markets and confusing investors

Goal is cooperation with well-known industry associations, enterprises and other organisations from both home and abroad

Latest steps include making mortgages more easily obtainable and reducing the amount of cash that banks are required to hold

Central bank data show that the M2 money supply - which covers cash in circulation and all deposits - increased 8.5% year-on-year