Fitch Ratings expects the consolidation among Chinese property-management (PM) companies to accelerate as homebuilders have been spinning off and seeking publi …
Tagged By property
China shares end lower as materials weigh; property sector down
Around the region, MSCI’s Asia ex-Japan stock index was weaker by 0.31%, while Japan’s Nikkei index closed up 2.06%.
China Evergrande: from ‘controlled demolition’ to near-certain default and state takeover, money managers outline views on unfolding debt crisis
As China Evergrande Group fights for survival under more than 1.97 trillion yuan (US$305 billion) of liabilities, speculation is mounting that a painful restructuring is inevitable. The stock has …
8 Stocks on the Right Side of China’s Regulatory Crackdown
China wants to beat the West in next-generation technology and shift wealth distribution in the country. Some listed Chinese companies benefit from these objectives.
China Mid-Tier Banks More Exposed to Property Sector Risks
Ratings-Hong Kong/Shanghai-24 September 2021: Fitch Ratings believes that changes in perceived levels of risk appetite relative to capitalisation will remain an important factor in our assessments of …
China Evergrande keeps dollar bondholders guessing on key interest payment
Global investors who own China Evergrande Group’s U.S. dollar bonds were in the dark Thursday about whether the property giant would make a key interest payment, a major test of the highly indebted …
The fallout from flailing Chinese property company Evergrande won’t hurt Australia, Scott Morrison claims
Federal Reserve chairman Jerome Powell and Prime Minister Scott Morrison have agreed that the debt concerns in China surrounding real estate company Evergrande will be contained and that strong …
Tokyo stocks open higher as China property giant default fears recede
Tokyo stocks opened sharply higher Friday, with the Nikkei index briefly climbing over 2 percent, tracking overnight gains on Wall Street as concerns receded over the potential collapse of Chinese …
China Stocks From Property to Tech Jump on Evergrande Respite
Beaten-down Chinese shares from property developers to tech giants and casinos advanced on Thursday amid hopes that China Evergrande Group is making progress in dealing with payment deadlines.
What is Evergrande? The Chinese property giant behind global selloff fears
The developer’s predicament could deal a serious blow to the world’s second-biggest economy as Beijing faces what may be one of its largest defaults.
Fitch Ratings cuts China’s growth forecast to 8.1% on property curbs
Fitch Ratings lowered China’s economic growth projections for 2021 and 2022 as a slowdown in the property market weighs on domestic demand. Gross domestic product is forecast to expand 8.1 per cent …
COLUMN-China’s Evergrande problem today may dent global growth tomorrow: Jamie McGeever
For now, it’s business as usual. But how China’s Evergrande problem unfolds in the coming weeks could end up influencing global policymakers’ decision-making next year.
China Property Assets Soar as Evergrande Spillover Fears Ease
China Evergrande Group unit’s statement of a negotiated coupon payment is easing fears about risk contagion of the developer’s debt crisis, and analysts say this is presenting opportunities for …