You Searched For "evergrande crisis" and got 20 results
Sort By:
2 mins read
China's central bank says it will protect consumers as another payment deadline looms for Evergrande
The central bank did not explicitly mention Evergrande, though it was seen as among the most pointe…
Isabelle Lee
1 min read
The Evergrande crisis is spreading. Here are other Chinese property developers that are in default or wobbling.
China's property sector is central to its economy.Getty Images
Harry Robertson
2 mins read
Evergrande's last-gasp interest payment gives Chinese developer stocks and Asia bonds a lift
Hong Kong's Hang Seng mainland property index rose 3.3% in its biggest weekly gain in a month, whil…
Shalini Nagarajan
2 mins read
Evergrande aims to raise $5 billion by selling a half-stake in its property services unit as another interest payment looms, report says
Trading in Hopson was also temporarily suspended in Hong Kong on an impending announcement about a …
Shalini Nagarajan
2 mins read
China's Evergrande slides almost 6% after booking a $1 billion loss on the sale of its stake in streaming service HengTen
The indebted Chinese property development giant, which has $300 billion in liabilities, will get $2…
Huileng Tan,Karen Friar
2 mins read
Legendary investor George Soros says China's real-estate crisis is a major threat to Xi Jinping's grip on power
"China is facing an economic crisis centered on the real estate market," hedge fund titan George So…
Harry Robertson
2 mins read
A bank advising Evergrande's lenders says the embattled property developer is expected to default, report says
A bank director advising Evergrande bondholders said a default is likely to come soon, Reuters repo…
Harry Robertson
2 mins read
Wealth management products like Evergrande's are a big hidden risk for China's troubled property market, economists say
Often opaque financial products have helped property developers raise money but pose big risks, acc…
Harry Robertson
1 min read
Evergrande stock has soared 35% in the past week as the embattled property developer sells assets to pay its debts
Evergrande plans to raise $1.5 billion by selling its stake in a Chinese bank to a state-owned ente…
Matthew Fox
2 mins read
Modern Land becomes the 4th Chinese developer to default on overseas debt obligations after failing to make a $250 million dollar bond payment
The Chinese developer, which works on green projects, cited unexpected liquidity issues arising fro…
Shalini Nagarajan
2 mins read
China's Evergrande plunges as much as 14% after $2.6 billion sale falls through, as trading resumes in Hong Kong
The enormous Chinese property developer Evergrande is on the brink of default, raising fears of con…
Harry Robertson
1 min read
2 cities in China have repossessed land owned by Evergrande amid scrutiny over assets of the debt-laden developer
Local governments in Chengdu and Haikou have taken over idle land owned by Evergrande.
Huileng Tan
2 mins read
Chinese authorities are auditing the assets of Evergrande and its billionaire boss to determine if it needs a bailout: Reuters
The government has stepped in to manage Evergrande's crisis after it said there was "no guarantee" …
Huileng Tan
1 min read
Evergrande's debt crisis is 'manageable' and not a Lehman-level event, hedge-fund billionaire Ray Dalio says
"The Lehman moment produced pervasive structural damage through the system," and Evergrande's debt …
Carla Mozée
2 mins read
China's government is stepping in to help Evergrande deal with its debt, as it has with previous large-scale corporate clean-ups
This comes after Evergrande said in filing to the Hong Kong Stock Exchange there was "no guarantee"…
Huileng Tan
2 mins read
Evergrande and energy shortages are shaking China's economy. Here are the most exposed countries.
With a global trade share of 14%, changes in the Chinese economy will reverberate through supply ch…
Harry Robertson
3 mins read
The Evergrande crisis and China's regulatory crackdowns are shaking the notion that China is an investable market, says Mohamed El-Erian
The potential collapse of homebuilder Evergrande "is shaking key tenants of this global investment …
Carla Mozée
2 mins read
China's Evergrande debt woes could spill over to the US, the Fed says
"Stresses in China's real estate sector could strain the Chinese financial system, with possible sp…
Huileng Tan
1 min read
Shares of Chinese developer Kaisa and units suspended as debt woes mount amid fears of contagion from Evergrande's crisis
Kaisa's troubles come amid concerns about a deepening liquidity crisis in the Chinese property sect…
Donny Kwok and Anne Marie Roa…
1 min read
Evergrande paid another bond interest just in time again, averting a default after Chinese authorities pile on pressure
Bondholders say they have received payments, according to reports. Evergrande has $45.2 million in …