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EVERGRANDE PROBLEM
What's in store for China Evergrande with its chairman now under police watch?China Evergrande Group's chairman, Hui Ka Yan, has reportedly been placed under police surveillance, adding to uncertainties surrounding th...- China property giant Evergrande loses $113 billion over two yearsOnce China's largest real estate company, Evergrande was found in 2021 to be drowning in more than $300 billion in liabilities, sparking a ...
- China property giant Evergrande reports $96 billion loss for 2021Chinese property giant Evergrande reported Monday a $96 billion net loss for 2021 and nearly $335 billion in liabilities, as the company re...
- Evergrande's crisis continues: Chinese real estate developer's earnings delayed, $2 billion seizedEvergrande is China's leading real estate developer and is presently the most indebted one having a total liability of more than $300 billi...
- 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...
- 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: 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...
- EXPLAINER-What's next for China's Evergrande after missing coupon paymentsEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...
- 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...
- Chinese realtor’s $300-billion debt: Evergrande CEO in restructuring, asset sale talksCEO Xia Haijun, a confidant of chairman Hui Ka Yan and who runs Evergrande's day-to-day operations including financing, has been in Hong Ko...
- China property sector default woes deepen amid Evergrande uncertaintyEvergrande requested a halt in the trading of its shares pending an announcement about a major deal. Evergrande Property Services Group als...
- Does the Evergrande turmoil in China have implications for India?Indian steel stocks, while no longer the best bets in the market, do not appear particularly bad either. We, however, prefer non-ferrous me...
- 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 ...
- For Xi Jinping and China Evergrande, a delicate balancing actXi, who has unleashed a spate of industry and societal reforms this year in the name of "common prosperity", has made clear that the excess...
- Chinese banks try to calm fears about developer's debtsEvergrande's struggle to meet government-imposed debt limits has prompted fears a default might disrupt the Chinese economy or global finan...
- Evergrande debt problems not just a local issue: Swiss National Bank"We have seen time and again that seemingly small developments suddenly unsettle the financial markets and cause major corrections," SNB Ch...
- Evergrande seeks to reassure retail investors as key debt deadline loomsGlobal investors have been on tenterhooks in recent weeks as debt payment obligations of Evergrande, labouring under a $305 billion mountai...
- 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...
- 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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