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KAISA GROUP HOLDINGS
China allocates billions of dollars to bailout its crisis-hit property sectorChina has taken decisive measures to tackle the crisis in its property sector, which has been a crucial driver of its economic growth. The ...
China's financial reckoning: Judge Linda Chan takes center stage amid real estate giants' debt woesJudge Linda Chan presides over an unprecedented wave of Chinese corporate defaults, holding real estate giants like Evergrande accountable....
Chinese developer Sunac misses bond repayment, expects to miss moreWith $7.7 billion in dollar bonds, Sunac is the fourth-largest issuer among Chinese developers, according to data from Duration Finance.
China shares rise as cooler inflation opens door to policy easingThe blue-chip CSI300 index rose 1%, with the consumer staples sector up 1.06%, resources firms up 2.63% and industrial firms up 2.28%.
Oil prices slip on profit-taking, but head for strong weekly gainOil prices drifted down on Friday as traders locked in profits from a strong run-up this week, stoked by growing confidence that the rapid ...
The rise and demise of Chinese property giant EvergrandeAfter going public in 2009, Evergrande takes control of Chinese Super League club Guangzhou, renaming it Guangzhou Evergrande, and spends b...
Communist Party’s policies cast shadow over China’s economyThe Chinese government hastaken an initiative to restore its glory. The local authorities have demanded that the industries use minimum ene...
Kaisa suspends trading amid uncertainty over debt repaymentThe suspension comes after a source with direct knowledge of the matter said Kaisa was unlikely to meet its $400 million offshore debt dead...
Evergrande debt deadline passes with no sign of payment: SourcesOnce China's top property developer, with over 1,300 real estate projects and $300 billion of liabilities, Evergrande has been the poster c...
Asian shares inch lower as dollar marches onAsian shares wobbled lower on Thursday, hurt by the U.S. dollar which continued to march higher as investors bet on interest rates rising m...
Evergrande dodges default again but sector debt concerns remainCash-strapped developer China Evergrande Group averted a destabilising default at the last minute for the third time in the past month, wit...
Investors await Evergrande's overdue $148 million payment as debt woes growDespite the debt woes of Evergrande, its electric vehicles (EV) unit is pushing ahead with its business plan. The unit is seeking Chinese r...
China developer Kaisa pleads for help, 'patience' as sector's debt woes mountThe troubles of China Evergrande Group, the world's most indebted developer, have reverberated throughout China's real estate sector, spark...
Global equity rally pauses as bonds hold surgeShares fell in Japan and Hong Kong, where developer Kaisa Group Holdings Ltd. and its Hong Kong-listed units were suspended from trading in...
Property Developer Bond Slump Deepens in ChinaSigns of cracks emerge in the nation’s much larger onshore market. China's property firms are caught in a vicious circle where surging borr...
China’s property woes may put prestige global projects at riskWhile China Evergrande Group's struggles have dominated the crisis, the risk to multi-trillion dollar global property markets stems from so...
Another Chinese property developer defaults, shares dropModern Land (China) Co Ltd said in a filing that it had not repaid principal and interest on its 12.85% senior notes that matured on Monday...
China Evergrande secures extension on defaulted $260 mln bond -REDDEvergrande has won a "more than three month" extension to the maturity of a $260 million bond issued by joint venture Jumbo Fortune Enterpr...
Billionaires keep bubbling up as China property market soarsChina Evergrande Group, the country’s largest developer, has risen 534 percent this year.
Buyer-beware guide to emerging-market debt, from Brazil to ChinaAs US prepares to start raising interest rates speculation is that emerging-market corporate borrowers could be hit hard.