More than 50 cities saw declines in monthly sale prices in October, with estimates saying there are about 20 million pre-sold units not yet constructed

Some new local government debt quotas for 2024 have been issued in advance to reasonably ensure local financing needs, China's newly appointed finance chief said

At a twice-a-decade financial policy meeting this week, Beijing vowed to uphold the centralised and unified leadership of the CCP on China's financial work

The UK-based bank, which earns most of its revenue in Asia, lost $700m alone from its stake in China Bohai Bank

The developer missed an interest payment on another bond in August, as it follows the downward spiral of dozens of its peers, including Evergrande

Debt-heavy municipalities represent a major risk to the world's second-largest economy and its financial stability, amid a deepening property crisis

Police scrutiny of Evergrande, and now its chief, has complicated debt restructuring efforts by the world’s most debt-laden property developer

The developer's already battered Hong Kong-listed shares slipped more than 8% on Tuesday, taking the stock's losses to more than 27% in two days

The world's most indebted property developer said a regulatory probe into its main domestic subsidiary, Hengda, had halted the debt restructure

A former statistics bureau chief has gone public with his negative view of the country’s crisis-hit property sector

The ratings agency fears Beijing’s support measures won’t be enough to turn around the fortunes of the country’s real estate giants

The announcements come on the heels of a series of nationwide support measures announced by Beijing for the property sector