When Guangdong province took de facto control of China Evergrande on December 3, it sparked a battle for the developer's assets.

The company has retained its goal of selling 1.5 billion shares but will now rely on cornerstone investors to buy $511 million, or around 67%, of shares, according to regulatory filings on Monday

Chinese property developer said it also did not pay a coupon totalling $105 million for notes due in 2023, 2025, and 2026, with the grace period for the first two already expired

People's Bank of China and China Banking and Insurance Regulatory Commission recently issued a notice to financial institutions, urging them to strengthen support for such acquisitions

The turnout of 30.2% was almost half that of the previous legislative poll in 2016, with the results showing almost all seats being taken by pro-Beijing candidates

The one-year loan prime rate (LPR) was lowered by 5 basis points to 3.80% from 3.85% previously, while the five-year LPR remained at 4.65%

Failure to make payments, followed by a string of credit rating downgrades of indebted developers, has roiled China's high-yield debt

In November, China reported 5G phone shipments of 28.97 million units, a year-on-year increase of 43.9%

Spaceplanes will not need launch sites and will be able to take off and land at airports – a cost-saving development that has added to concerns over the weaponisation of space

Gan Lin, chief of the National Anti-monopoly Bureau, said some antitrust regulations remain rudimentary, while avenues of punishment for violators are limited

There was significant profitability improvement in the oil, steel and coal sectors, according to an official with the regulator

Four Chinese companies are listed in UK under the Shanghai-London Stock Connec but no UK-listed firms have sold CDRs in China