Sun Jianbo, founder of Beijing-based asset manager China Vision Capital, said soured assets are typically sold with a 70% discount. That me...

Police in Beijing said in a statement on WeChat that they took "criminal mandatory measures" against multiple suspects, identifying one by ...

Citic Trust, a unit of conglomerate Citic Group, and CCB Trust will lead the effort to stabilize operations at Zhongrong. The plan undersco...

China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks unless market boosting efforts are accompa...

China's dependence on real estate was lucrative during what seemed like a never-ending property boom, but it has become a liability after y...

The risk of a 'real Lehman moment' occurring in China is increasing due to a growing shadow banking crisis in the country, warned Chris Woo...

The mounting worries have sent equity benchmarks in Hong Kong and China to their lowest levels since November, with the Hang Seng Index ent...

The move protects it from creditors in the US while it works on a restructuring deal elsewhere. The Chinese homebuilder's Chapter 15 petiti...

Zhongzhi Enterprise Group Co. hired KPMG in late July to review its balance sheet amid a worsening liquidity crunch, said the people, askin...

Those minutes showed policy makers were divided over the need for more interest rate increases, with some citing the risk to the economy of...

China's banking regulator has established a task force to examine risks at wealth management group Zhongzhi Enterprise, after several of it...

KBC, a carbon products manufacturer, said in a statement with the Shanghai Stock Exchange that the delayed payments were tied to 60 million...

The CSI300 Real Estate Index jumped more than 4% to a two-month closing high, having rebounded almost 20% from its November low.

The one-year LPR was lowered by 5 basis points, while the five-year LPR remained unchanged. Analysts said the decision to keep the five-yea...