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EVERGRANDE DEFAULT
China’s property prices crash to 2005 levels: Could India face a similar housing slump?China's property market faces a prolonged downturn, with prices hitting near two-decade lows, sparking fears of a similar correction in Ind...- Fitch withdraws ratings on debt-laden China Evergrande, subsidiariesThe rating agency in December downgraded Evergrande and its subsidiaries, Hengda Real Estate Group Co Ltd and Tianji Holding Ltd, to so-cal...
- China Evergrande aims for restructuring plan within six months as creditor talks beginEvergrande Group, once China's top selling developer and now struggling to repay its creditors, suppliers and investors in wealth managemen...
- China Evergrande shares climb after winning bond payment delayStruggling with $300 billion in liabilities, including $19 billion in international bonds deemed to be in cross-default after missing a pay...
- 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, ...
- China audits Evergrande, chairman Hui Ka Yan's assets, no fire sale for now: SourcesBeijing has repeatedly sought to reassure investors, but it has not yet indicated how it plans to stabilise Evergrande in particular, which...
- China Evergrande defaults on its debt. Now what?Fitch Ratings had placed the Chinese property developer in its “restricted default” category. But instead of resolving questions about the ...
- China's Evergrande defaults: What happens next?A slowdown in the Chinese real estate sector, which accounts for a significant proportion of the country's economic output, could have ripp...
- 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...
- China's Evergrande: How will a 'controlled demolition' impact the economy?Evergrande, a real estate giant with a presence in over 280 Chinese cities, was the most prominent developer to pay the price for Beijing's...
- 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...
- Too little, too late? Evergrande's tortuous restructuring, asset sales in focus after default avertedWith more than $300 billion in liabilities, Evergrande, once China's top-selling property developer, faces deep scepticism on whether it ca...
- Explained: How China Evergrande's debt troubles pose a systemic riskEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...
- China Evergrande makes payment before deadline, official media saysEvergrande sent an $83.5 million interest payment to bondholders, China’s Securities Times reported without providing details. The outlet i...
- Alarmed by Evergrande, China's lenders hold back on new credit for property developers"The market is worried that real estate companies have a high concentration of cashflow problems, which would trigger large-scale bad debt ...
- China Evergrande fears consume investors awaiting tradingA major test comes this week, with Evergrande due to pay $83.5 million in interest relating to its March 2022 bond on Thursday. It has anot...
- China's Evergrande starts repaying investors with discounted propertiesInvestors who opt for discounted real estate in lieu of cash can start contacting wealth managers for more details, Evergrande’s wealth div...
- China’s nightmare Evergrande scenario is an uncontrolled crashEvergrande’s main banks were told by China’s housing ministry this week that the developer won’t be able to make interest payments due Sept...
- China Evergrande onshore bond trading suspended after downgradeGoldman Sachs said in a report that because Evergrande has dollar bonds issued by both the parent company and a special purpose vehicle, re...
- Why China’s economy is threatened by a property giant’s debt problemsConsidered as the world’s most debt-saddled property developer, Evergrande has been on life support for months. It has more than $300 billi...
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