The delisting of China stocks in the US quickened as Didi announced its exit and the US finalized rules to enforce audits on Chinese firms.
China's regulators sought to reassure markets after Evergrande said there was "no guarantee" it would have enough funds to pay its debts.
Evergrande, with more than $300 billion in liabilities, has already failed to pay coupons worth $82.5 million as it stumbles from debt deadline to debt deadline
Citigroup is seeking a securities licence in China as the US bank eyes a bigger presence on the mainland
Beijing has tasked Liaison Office head Fu Ziying to 'supervise, guide, coordinate, and support' the government on the matter
Tightened lending curbs in China's real estate sector early this year has exacerbated financial troubles at some property developers, triggering sector-wide liquidity stress
Boeing shares jump 7.5% higher on news, pushing the Dow Jones index up 1.73% in its biggest one-day percentage gain since March
Envoy tells US-China Business Council that Covid-19 testing would be more convenient and executives could work during quarantine
Chinese regulators pressed Didi's top executives to devise a plan to delist from New York due to concerns about data security; group will prepare for a listing in Hong Kong, it said
Toyota will launch an all-electric sedan in China next year, having turned to BYD for key tech to make an affordable yet roomy sedan
The demands were due to rating downgrades and the company warned shareholders it might be unable to pay up due to a liquidity crunch
Property developer sought to exchange its 6.5% offshore bonds due December 7 for new notes due June 6, 2023, at the same interest rate