Last month, China announced "historic" steps to stabilise the sector, with the central bank easing mortgage rules and facilitating $140 billion in extra funding

Investors are pouring their cash into safe financial products amid a continuing crisis in the country’s real estate sector

The move “will help accelerate a reduction of housing inventory and promote activity of the property market," one analyst said

Troubles at multiple Chinese shadow banks show how a faltering property sector is causing strain throughout the country's financial system

The crisis at Zhongzhi threatens to reignite concerns that China's property debt crisis is spilling over into the country’s broader financial sector

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

On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock

The country's central bank also said it would stick to the principle that houses are for living in and not vehicles for speculation

Workers at dorms on two Country Garden sites in Tianjin, a port city of 14 million people about 135 km (84 miles) southeast of Beijing, complained of months without pay

China's property sector has over the past two years been thrust into a severe debt crisis with many developers defaulting on payments

The People's Bank of China will initially issue about 200 billion yuan of low-interest loans, charging about 1.75% a year, to state commercial banks

Landlords believe that the continuing impact of the pandemic on Hong Kong real estate will be limited in the future, as renters have mostly adapted to the new circumstances