China's property market has rebounded quickly from the covid-19 shock early last year, raising concerns about financial risks and overheating.
Beijing has officially set a structure-height limit of 500 meters for all its future skyscrapers.
Evergrande has been scrambling for cash as Beijing tackles what it considers excessive borrowing in the real estate development sector with planned new debt-ratio caps dubbed...
China's REITs market will likely witness high volatility over the next few months before sentiment calms down, added Cai.
Corporate bond defaults have risen sharply in China in recent years, reaching $14 billion in 2020, according to the Institute of International Finance
China was the largest supplier, followed by Japan, South Korea and India, the office said.
Evergrande shares dropped 0.9% on Friday mid morning, compared to a 0.3% fall in the Hang Seng Index.
Roca Bathroom also held back its price line though there were hikes in the prices of brass and plastics.
The green light, which will allow China's first REITs to be sold and traded on stock exchanges, comes a year after Beijing announced plans for a...
On a year-on-year basis, growth in new home prices rose to an eight-month high of 4.8%, compared with 4.6% in March.