Embattled real estate giant announces deal with fellow Guangdong-based developer Hopson Development to acquire property management unit …
PROPERTY
China Property Giant Evergrande Suspends Hong Kong Market Trading
Embattled property giant China Evergrande on Monday suspended trading in its shares on the Hong Kong stock exchange without giving a reason.
Shares of China Evergrande and property services unit suspended – HKEX
Trading in shares of debt-laden China Evergrande 3333.HK was suspended on Monday after it missed a key bond interest payment last week, its second offshore debt obligation in a week, with market …
The next real estate crisis could come from China
Debt is as much a part of the real estate business as bricks and mortar. And as the great New York builder William Zeckendorf once famously remarked, ‘it’s better to be alive at 20 percent…
China Auctioned Off Property Worth $84.8 Million Of Detained Uyghurs: Report
Chinese authorities have been auctioning off the property of some detainees and raising tens of millions of US dollars amid mass internment of its own citizens in Xinjiang province, a media report …
The Evergrande crisis: 4 questions that explain why China’s property market, which is twice as big as America’s and where 20% of homes are empty, matters
“Over past decades, the price of Chinese real estate has gone up. This has generated a popular belief that real estate is always safe to invest in.” …
Triada Capital says China will want to keep the property sector stable despite Evergrande crisis
Monica Hsiao of Triada Capital says the property sector is still a main pillar of economic growth in China, despite the “huge” dislocation within the market right now. As a result, she said the …
China’s property crisis bigger than just Evergrande
It’s not just Evergrande that’s under financial duress. A growing number of Chinese property developers now face liquidity crunches and are seeking …
China’s problem with property: the domino effect of Evergrande’s huge debts
So far, such measures seem to have had at least a temporary effect on the stock market, which has seen dramatic falls over the past six months. On September 23, the share price of Evergrande…
China’s Property Sector Has Bigger Problems Than Evergrande
The story of how China’s property market reached this point is an illustration of both Beijing’s power over market forces and its limitations. The property market kept expanding because investors and …
China’ s problem with property: the domino effect of Evergrande’ s huge debts
So far, such measures seem to have had at least a temporary effect on the stock market, which has seen dramatic falls over the past six months . On September 23, the share price of…
What One of China’s Biggest Property Companies Can Tell Us About Debt
If you want to avoid being seen to cross any red lines, you could simply go dark.China’s authorities have introduced the “ three red lines” targets as a way of trying to encourage the country’s vast…
RPT-China’s power crunch dwarfs Evergrande’s troubles in investors’ eyes
By Samuel Shen and Alun John SHANGHAI, Sept 28 (Reuters) – China’s power supply crunch, that has shut factories across the country, may pose a much bigger threat to the economy than the debt crisis…
ADVERTISEMENT
