Angry investors returned to Evergrande’s Shenzhen headquarters to demand their money back, and were met with a heavy police presence – Copyright AFP Noel CelisBeiyi SEOWProtesters gathered for a third …
Tagged By property
China Property Slowdown Deepens as Evergrande Hurts Confidence
China’s residential property slowdown deepened last month, signaling that regulatory tightening and an escalating crisis at the country’s most indebted developer are hurting buyer sentiment. Home …
Shares in cash-strapped China property giant plunge
Shares in the highly-indebted Chinese property giant Evergrande have plunged after it outlined the extent of its financial problems.The firm said it is struggling to sell assets fast enough to service …
China Evergrande expects property sales fall, liquidity deterioration China Evergrande expects property sales fall, liquidity deterioration
China’s leading developer China Evergrande said it expects a “significant continuing decline in contract sales” in September in an exchange filing on the progress of recent measures to ease liquidity …
Evergrande: Shares in cash-strapped China property giant plunge
Shares in the highly-indebted Chinese property giant Evergrande have plunged after it outlined the extent of its financial problems. The firm said it is struggling to sell assets fast enough to …
China’s property market runs out of steam as millions demand their money back
Ratings agencies predict a default by Evergrande while banks and creditors are on the hook for billions, sparking fears of a ‘Lehman moment’ …
China’s economy threatened by a property giant’s debt problems
In China, Evergrande, a sprawling real estate developer, is that company. Evergrande has the distinction of being the world’s most debt-saddled property developer and has been on life support for …
China’s demand for metals pinched by property clampdown
It appeared first on the Bloomberg Terminal. The consumption of metals from steel to copper may be running into headwinds due to China’s property crackdown, while coal prices could be over the hump, …
Property deal worth over $3 Billion does not come through between Blackstone and Soho China
WSJ’s Joanna Stern doesn’t expect big upgrades to the iPhone 13 this year. But the Apple Watch Series 7 will see more notable upgrades, she added.
Evergrande crisis deepens as protests break out in China
China Evergrande Group is facing mounting protests by homebuyers, retail investors and even its own employees, raising the stakes for authorities in Beijing as they try to prevent the property giant’s …
Blackstone bails on $3B acquisition of Soho China
Blackstone pointed to a lack of progress from government regulators in a filing announcing it was dropping its bid.
China’s real estate crisis after Evergrande collapse reveals dangers of shadow banking
As the Chinese real estate behemoth Evergrande Group landed in a serious crisis, revealing the real hidden problems of the countrys property market driven by shadow banking, business ommunity across …
Investors panic as Blackstone walks away from a China real estate deal.
Shares of Soho China, a real estate company run by a prominent power couple, fell by one-third on Monday after Blackstone Group walked away from its deal to buy the firm. Soho China said in…