The battle for control of China’s largest property developer continues to stay in the headlines this month now that Evergrande has bought up a 5 percent stake in China Vanke. And there’s some good news for many home-builders as ratings… Read More>>
Chinese SOE Builder Reassures Bond-Holders After Govt Forces Change in Control
China City Construction (International) Co (CCCI) moved to reassure bond-holders on Friday after control of the Hong Kong-listed construction and real estate firm’s Beijing-based parent company was transferred to a privately managed mainland investment fund.
The transfer in ownership which… Read More>>