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evergrande

  • Top 10 Global and Hong Kong Financial News in Review
    Top 10 Global and Hong Kong Financial News in Review
    In this article, we highlight ten top items of Hong Kong and global financial news and incidents of 2022. (1) Fed Raises Interest Rates To fight inflation and high prices, ...
    January 8, 2023BY Nathan Amery
  • Evergrande Misses Third Round of Bond Coupon Payments, Intensifying Contagion Fears
    Evergrande Misses Third Round of Bond Coupon Payments, Intensifying Contagion Fears
    HONG KONG—China Evergrande Group on Tuesday missed its third round of bond payments in three weeks, intensifying market ...
    October 12, 2021BY Reuters
  • China’s Property Sector Stalked by Evergrande Default Fears
    China’s Property Sector Stalked by Evergrande Default Fears
    HONG KONG—Debt-saddled Chinese property firms took heavy fire in bond markets on Tuesday, after the poster child of ...
    October 12, 2021BY Reuters
  • Fundraising by China Property Trust Products Slump Amid Evergrande Woes: Media
    Fundraising by China Property Trust Products Slump Amid Evergrande Woes: Media
    SHANGHAI—Fundraising by Chinese property trust products tumbled over 40 percent in September from a month earlier, official Shanghai ...
    October 12, 2021BY Reuters
  • China’s Bond Markets Slump Again as New Evergrande Deadline Passes
    China’s Bond Markets Slump Again as New Evergrande Deadline Passes
    SHANGHAI/LONDON—Chinese property firms' bonds were hit with another wrecking ball on Oct. 11 as Evergrande looked set to ...
    October 11, 2021BY Reuters
  • Evergrande Says 6 Execs Have Returned Funds From Advance Redemption of Products
    Evergrande Says 6 Execs Have Returned Funds From Advance Redemption of Products
    SHANGHAI—Six executives of heavily indebted China Evergrande Group have returned funds from early redemptions of the company's investment ...
    October 11, 2021BY Reuters
  • Chinese Developers Have Billions in Debt Off Balance Sheet: JPMorgan
    Chinese Developers Have Billions in Debt Off Balance Sheet: JPMorgan
    China's embattled developers, Evergrande and other property companies, have reportedly shifted billions of dollars in debt to off-balance ...
    October 10, 2021BY Fran Wang
  • Hong Kong Property Agencies Suing Evergrande to Recover Commissions
    Hong Kong Property Agencies Suing Evergrande to Recover Commissions
    HONG KONG—Two Hong Kong property agencies are suing heavily indebted China Evergrande Group over unpaid commissions, according to ...
    October 7, 2021BY Reuters
  • Blinken Tells China to ‘Act Responsibly’ in Evergrande Crisis
    Blinken Tells China to ‘Act Responsibly’ in Evergrande Crisis
    Secretary of State Antony Blinken has urged China to “act responsibly” in handling the debt crisis of real ...
    October 6, 2021BY Eva Fu
  • Chinese Developer Misses Payment Amid Deepening Housing Market Woes
    Chinese Developer Misses Payment Amid Deepening Housing Market Woes
    A midsize Chinese property developer’s failure to make over $300 million in payments to lenders is deepening fears ...
    October 5, 2021BY Eva Fu
  • NTD Business Full Broadcast (Oct. 5)
    NTD Business Full Broadcast (Oct. 5)
    AstraZeneca seeks approval for its new drug, which utilizes antibodies—for a potential alternative to vaccination. In a record-high ...
    October 5, 2021BY NTD Television
  • Global Shares Retreat After Evergrande Shares Suspended
    Global Shares Retreat After Evergrande Shares Suspended
    Global stocks have fallen, with Hong Kong’s benchmark down more than 2 percent after troubled property developer China ...
    October 4, 2021BY The Associated Press
  • What You Need to Know About Evergrande
    What You Need to Know About Evergrande
    News Analysis The financial woes of Evergrande have rippled through global financial markets, while investors are bracing for ...
    October 3, 2021BY Edward Cheng
  • ‘Ultimately, It’s About Control’: James Gorrie on CCP’s Clampdown of Big Tech
    ‘Ultimately, It’s About Control’: James Gorrie on CCP’s Clampdown of Big Tech
    In this special episode, we sat down with James Gorrie, a blogger, filmmaker, and author of "The China Crisis." ...
    October 2, 2021BY Tiffany Meier
  • The Story of Evergrande’s Founder and What It Means for the Company’s Future
    The Story of Evergrande’s Founder and What It Means for the Company’s Future
    Commentary What would appear to be an American-dream, rags-to-riches story may not have a happy ending for the ...
    October 2, 2021BY Sarah Ho
  • China Evergrande Makes 10 Percent Payment to Wealth Management Products Investors
    China Evergrande Makes 10 Percent Payment to Wealth Management Products Investors
    Troubled China Evergrande issued a small portion of repayment of wealth management product (WMP) to investors, the developer ...
    September 30, 2021BY Rita Li
  • Fitch Lowers Evergrande Rating on Likely Missed Interest Payment
    Fitch Lowers Evergrande Rating on Likely Missed Interest Payment
    Rating agency Fitch has downgraded cash-strapped Chinese property giant Evergrande from CC, or a very high level of ...
    September 29, 2021BY Tom Ozimek
  • World Shares Mixed After Broad Slide on Wall Street
    World Shares Mixed After Broad Slide on Wall Street
    Shares rose Wednesday in Europe after sharp declines in Asia that tracked a broad slide on Wall Street ...
    September 29, 2021BY The Associated Press
  • China’s Debt Crisis Goes Far Beyond Evergrande
    China’s Debt Crisis Goes Far Beyond Evergrande
    News Analysis China’s foreign debt, including U.S. dollar debt, stood at $2.4 trillion at the end of 2020, ...
    September 28, 2021BY Antonio Graceffo
  • China Evergrande Halts Electric Car Unit’s Listing Plan, Shares Tumble
    China Evergrande Halts Electric Car Unit’s Listing Plan, Shares Tumble
    Shares in Evergrande's electric vehicle unit tumbled on Sept. 27 in Hong Kong after suspending plans for a ...
    September 28, 2021BY Fran Wang
  • China’s Xi Walks Political Tightrope as Evergrande, Property Market Totters
    China’s Xi Walks Political Tightrope as Evergrande, Property Market Totters
    Commentary Some clarity emerged from the China Evergrande saga as the embattled real estate developer triaged its finances ...
    September 27, 2021BY Fan Yu
  • Risk FX Rallies, Safe Havens Offered as Evergrande Fears Ebb
    Risk FX Rallies, Safe Havens Offered as Evergrande Fears Ebb
    LONDON—The risk-sensitive Australian dollar rallied and the safe-haven yen dipped to a nearly three-month low on Monday, as ...
    September 27, 2021BY Reuters
  • Will China’s Real Estate Crash Trash the Global Economy?
    Will China’s Real Estate Crash Trash the Global Economy?
    Commentary Is China’s real estate-based economy on the brink of collapse? A big part of it just might ...
    September 26, 2021BY James Gorrie
  • Evergrande: What’s in a Name?
    Evergrande: What’s in a Name?
    Commentary Much of the financial world is abuzz about Chinese property giant Evergrande’s failure to meet its massive ...
    September 24, 2021BY Stephen Yates
  • HSBC, StanChart May Face Secondary Shockwaves From Evergrande Crisis: Analysts
    HSBC, StanChart May Face Secondary Shockwaves From Evergrande Crisis: Analysts
    LONDON—HSBC and Standard Chartered could face spillover damage to their profits and balance sheets from the debt crisis ...
    September 24, 2021BY Reuters
  • Wall Street Rally Fizzles out as Evergrande Worries Persist; Nike Drops
    Wall Street Rally Fizzles out as Evergrande Worries Persist; Nike Drops
    U.S. stock indexes fell on Friday following a two-day rally, as worries persisted about the spillover from debt-laden ...
    September 24, 2021BY Reuters
  • Evergrande Investors on Hold After Payment Deadline Passes
    Evergrande Investors on Hold After Payment Deadline Passes
    SINGAPORE/SHANGHAI—China's Evergrande Group has left global investors guessing over whether it will make a key interest payment, adding ...
    September 24, 2021BY Reuters
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