A Hong Kong court has ordered Chinese property developer Evergrande into liquidation. The collapse comes after the company was unable to reach a deal to restructure its billion-dollar debt.
PROPERTY
China unveils new property support measures amid concerns about Evergrande fallout
A state-backed property project in China has received the first development loan under Beijing’s so-called “whitelist” mechanism and two major cities have eased home-buying curbs, state media reported,
IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot
The International Monetary Fund remained optimistic on India but warned of risks from China’s deepening property sector crisis.
China’s Property Crisis Marks Sidley’s Time in the Sun, But Will it Really Shake Up the Playing Field?
Outside of China’s property crisis, activity in the restructuring realm has been muted in Asia. But now that Sidley Austin has sewn up the market on China real estate, how will rival firms shape up?
Asian Stocks Slightly Higher But Evergrande Crisis Weigh On Chinese Markets
The stocks markets in the Asia-Pacific region, except the Chinese markets, are up marginally in positive territory on Tuesday, with
Evergrande Is Finished. China’s Property Woes Aren’t.
The poster child of China’s property crisis is no more. But the mess that triggered the downfall of China Evergrande Group is far from over.A Hong Kong court on Monday ordered Evergrande’s liquidation after creditors…
Asia stocks gain as China stimulus softens Evergrande blow
TOKYO (Reuters) -Asian stocks started the week on the front foot, as new steps by Beijing to stabilise the local market outweighed the drag on sentiment from the liquidation of property giant China Evergrande.
Why China’s great property bust threatens to backfire on the West
After years of turbulence, Chinese property giant Evergrande was hit with a winding-up order by a judge in Hong Kong on Monday, setting up a multibillion-dollar battle between Western creditors and Chinese authorities.
Stock market today: Chinese stocks lead Asia’s gains, Evergrande faces liquidation
Asian markets opened the week on a positive note, with Chinese regulators announcing measures to support the country’s teetering stock markets while heavily indebted property developer China Evergrande was ordered to undergo liquidation.
Stock market today: Wall Street climbs ahead of Big Tech profit reports and Fed meeting
U.S. stocks rose Monday to kick off a week where Wall Street’s most influential stocks may show whether the huge expectations built up for them are justified. The S&P 500 gained 36.96 points, or 0.8%,
Stocks in Asia slip as China property sector worries weigh
Asian shares fell on Tuesday, hurt by the court-ordered liquidation of property giant China Evergrande while rising geopolitical tensions propped up oil prices and kept a lid on risk appetite ahead of
China real estate giant Evergrande, over $300 billion in debt, is ordered to liquidate
A Hong Kong court orders Chinese real estate giant Evergrande to undergo liquidation following a failed effort to restructure $300 billion in debt.
Oil prices fall as China property crisis overshadows Middle East violence
Oil prices are flat after missiles launched by Iran-backed militants killed three U.S. troops in Jordan and struck a fuel tanker in the Red Sea.
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