COMPANY NEWS China’s third-largest property developer Sunac unable to make $104 million coupon payment, more developers could default amid persistent cash crunch
COMPANY NEWS Shanghai Port denies massive congestion amid Covid-19 outbreak, admits logistics efficiency affected
COMPANY NEWS Chinese coal miners post strong profits for 2021 on surging coal prices, announce large dividend payouts
COMPANY NEWS Huawei posted first drop in annual sales in 19 years, profit jumped 76% driven by asset sales
COMPANY NEWS NIO offers weaker-than-expected guidance for first quarter, eyes breakeven in fourth quarter of 2023
COMPANY NEWS China’s No.3 homebuilder Sunac China sees debt woes deepen, seeks two-year extension on 4 billion yuan bond
COMPANY NEWS Tencent posted slowest revenue growth in Q4, profit jumped on one-off gain from divesting JD.com stock
COMPANY NEWS Embattled China Evergrande aims to unveil restructuring plan by end of July, has $22.7 billion offshore debts
COMPANY NEWS Tsingshan said it has got sufficient inventory for delivery, Chinese regulator asks banks to report overseas exposure amid concerns over Tsingshan
COMPANY NEWS Property developer Logan Group’s debt woes deepen, credit rating cut deeper into junk on liquidity concerns
COMPANY NEWS Alibaba’s quarterly revenue grew slowest since 2014 amid tough scrutiny, sluggish consumer spending
COMPANY NEWS POLICY & REGULATION China to guide food delivery platforms to cut service fees, issue package to spur faster recovery of pandemic-hit services sectors
COMPANY NEWS Chinese short video-sharing platform Kuaishou kicked off new round of layoffs as losses expand
COMPANY NEWS Ant’s consumer finance unit to boost capital to 30 billion yuan, add four new strategic investors
COMPANY NEWS Alibaba net income plummets 87ï¼…, with first adjusted profit decline in more than five years
COMPANY NEWS China’s top chipmaker SMIC announced $5.5 billion joint venture in Shanghai after losing second senior executive in two months
COMPANY NEWS China Evergrande averts default at last minute again, faces another $366 million interest payment before year-end
COMPANY NEWS Tencent Q3 revenue growth hit lowest since 2004, net profit grew at slowest pace in two years amid regulatory crackdown
COMPANY NEWS China Evergrande paid $83.5 million of overdue offshore bond coupon before 30-day grace period ends