Receivers has been appointed to control assets that China Evergrande (EGRNF) used as collateral for a $520M loan that was advanced to the company in January, 2021, the …
Tagged By property
Dashed dreams for China Evergrande’s showpiece resort island
The opening last year of the world’s largest artificial resort island, developed by China Evergrande Group for nearly $13 billion, was the realisation of the ambitions of founder Hui Ka Yan, who …
China’s Real Challenge Is Not Military
The most ominous emerging challenge for Western business is not, however, CCP inspired consumer boycotts, or even IP theft, but control over data. Former Deputy National Security Advisor Matt …
IMF warns China property stress poses spillover risk
A funding crisis battering China’s big property developers could start to shake the wider economy and global markets, the International Monetary Fund (IMF) warned on January 28, saying deeper reforms …
China Property Sector Loans Stabilize Toward Year-End: PBOC
China’s property loan growth stabilized in the fourth quarter of 2021, even before authorities called on banks to increase lending to the struggling sector to ease a liquidity crisis.
China Government Buys a Hyatt Property From Struggling Developer
Chinese developer Shimao Group said on Friday it would sell a hotel in Shanghai to state-owned Shanghai Land Group for $707.83 million.
China’s Property Crisis Has Investors in Green Bonds Seeing Red
The selloff in China’s property-bond market and a string of defaults have hammered prices for many dollar-denominated green bonds issued by developers.
Adriel Chan on China’s Property Sector (Radio)
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.
Bizarre property deals expose China’s ‘looming risk’ as real estate crash escalates
As China’s property crisis escalates, attention is turning to a bizarre strategy which involves local governments selling off land – to themselves.
China property shares slump as planned U.S. rate hike adds to woes
China Evergrande Group shares slumped on Thursday after the developer’s thinly detailed roadmap for restructuring left investors dissatisfied and its indebted peers also fell on concerns higher …
This Is the Evergrande Endgame as China’s Property Problems Spread
What it means that more companies are getting into trouble …
China property is hanging by a thread
A recent rebound in the secondary market performance of Chinese property bonds belies the fact that bigger troubles are brewing for offshore investors. A lot has been written about the health (or the …
China’s government ‘really’ needs the real estate sector to stay healthy, says investment firm
Teresa Kong of Matthews Asia says China’s real estate sector accounts for a significant portion of its economy.
