China is reportedly going the extra mile to boost its struggling property market.
Last month, the plan was for Evergrande to restructure its debt.
If you haven't heard of it yet, the China Evergrande Group, aka Evergrande, is the second largest property developer in China. Or, at least, it was.
Hong Kong's property market took a massive hit last October, dropping to the lowest prices in five years.
Hong Kong's property market took a massive hit last October.
Homeowners have found a way to manage their finances by taking out short-term loans to prepay their mortgages.
Policymakers in China have pulled out tactics to address the affordability crisis and to reduce financial risk.