Huang Wei was fined for concealing income and falsely declaring personal wages as operating income of sole proprietorships from 2019 to 2020

The steepest decline came this year amid crackdowns on Big Tech platforms and internet content

Since news broke on December 3 of Guangdong province’s de facto takeover of ailing property giant China Evergrande, provinces like...

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