China drafts rules to give property developers more access to escrow funds: SourcesRegulatory curbs on borrowing have driven the sector into crisis, highlighted by China Evergrande Group which was once China's top-selling ...
19 Jan, 2022, 03.51 PM IST
More Chinese developers seek to extend bond terms to avert defaultThe market is also watching the outcome of China Evergrande Group's meeting with onshore bondholders, as the voting period to approve an ex...
13 Jan, 2022, 04.28 PM IST
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%.
12 Jan, 2022, 01.34 PM IST
China shares end higher on consumer, healthcare boostThe blue-chip CSI300 index was up 0.45%, the consumer staples sector rose 0.88% and the healthcare sub-index climbed 1.08%.
10 Jan, 2022, 02.10 PM IST
China developer Shimao Group seeks ABS extensions; shares, bonds sell-offShimao Group's unit Shanghai Shimao Construction has proposed extensions on maturities for two asset-backed securities (ABS) due this month...
07 Jan, 2022, 11.27 AM IST
Evergrande labelled defaulter by S&P over failed coupon paymentsS&P Global cut Evergrande to "selective default" over its failure to make coupon payments by the end of a grace period earlier this month, ...
18 Dec, 2021, 08.40 AM IST
Healthcare, consumption stocks drag China stocks lowerThe blue-chip CSI300 index fell 0.9% to close at 5,005.90, while the Shanghai Composite Index lost 0.4% to 3,647.63.
15 Dec, 2021, 02.25 PM IST
China shares end lower as Omicron, debt worries dragAt the close, the Shanghai Composite index was down 0.53 per cent at 3,661.53.
14 Dec, 2021, 02.41 PM IST
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...
10 Nov, 2021, 01.51 PM IST
Some investors have not got Evergrande unit's bond interest due Nov 6: ReportTwice in October, Evergrande narrowly averted catastrophic defaults on its $19 billion worth of bonds in international capital markets by p...
08 Nov, 2021, 01.49 PM IST
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...
04 Nov, 2021, 11.26 PM IST
- 26-year-old woman China's richest person
Yang Huiyan, whose father runs the Hong Kong-listed Country Garden Holdings Ltd. for which he is an executive director of the board, has a ...
11 Oct, 2007, 04.34 AM IST
- DLF may raise less money from IPO than expected
The number of shares proposed to be issued, about 202m, remains the same, but the amount sought to be raised, about $3.1bn, may be cut to a...
22 Jun, 2006, 01.12 AM IST