HONG KONG -- China's property sector took another hit on Friday, as mainland developer Soho China disclosed a sharp fall in its profit and outlined its dire financial situation just hours after China Evergrande Group filed for bankruptcy protection in a New York court.
China debt crunch
China developer's profit falls 93% in fresh blow to property market
Soho China reveals 1H plunge hours after Evergrande seeks bankruptcy protection
Read Next
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on China debt crunch
