Vanke announced a proposal to postpone the repayment of the RMB bonds due on December 28. The proposal suggests extending the repayment date of the bonds due on December 28 by 12 months. It plans to add corresponding credit enhancement measures in the bond extension plan

China Vanke seeks to extend grace period for yuan bond due December 15 to 30 trading days

China Vanke is seeking to extend the grace period for a 2 billion yuan bond payment from five to 30 trading days. The developer also proposes to extend principal repayment by one year and pay 60 million yuan in interest by December 22. The bond is due December 15, and a second meeting with bondholders is scheduled, with voting on December 22.

From Friends To Foes: Agile Faces Mounting Troubles From Former Partner

Agile Group Holdings Ltd. faces a liquidation petition from former partner Melco International Development over a $19 million debt. The petition, filed in Hong Kong, highlights Agile's financial struggles amid a declining property market. Agile's revenue fell 35.8% in the first half of the year, and its liabilities remain high. The company's cultural tourism projects, including a failed partnership with Melco, have contributed to its liquidity issues. Agile opposes the petition and is negotiating debt restructuring with creditors.

Kaisa Group Announces Extension of Consent Solicitation Deadline for Notes

Kaisa Group Holdings Ltd. has extended the deadline for its consent solicitation for company-issued notes from December 17, 2025, to December 28, 2025. This extension aims to give eligible holders more time to deliver consents, potentially earning a consent fee. The move is part of the company's efforts to streamline financial operations, impacting its debt structure and investor confidence. The latest analyst rating for Kaisa's stock (HK:1638) is a 'Sell' with a target price of HK$0.11.

Sunac China Expects Restructuring Effective Date To Occur On Or Around 23 Dec

Sunac China Holdings Ltd :EXPECTS THAT RESTRUCTURING EFFECTIVE DATE WILL OCCUR ON OR AROUND 23 DECEMBER 2025ENTRY INTO CHIYU RESTRUCTURING DEEDCHIYU RESTRUCTURING DEED FOR OUTSTANDING PRINCIPAL OF LOAN OF HK$858 MILLION