Ratings agencies predict a default by Evergrande while banks and creditors are on the hook for billions, sparking fears of a ‘Lehman moment’ …
Tagged By property
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…
Chinese tech, EV stocks fall on regulatory fears; property developer Soho China drops 35% on failed deal
Chinese electric vehicle stocks fell on Monday after the country’s industry minister said there are “too many” EV firms in China.
Blackstone moves out of China property deal
Blackstone has abandoned a second attempt to take Hong Kong-listed mainland property developer Soho China (0410.HK) private, per a Reuters report. The companies said that the preconditions for sealing …
Fears one of China’s biggest property groups could collapse
Fears are mounting that one of China’s biggest property development groups, Evergrande, is close to collapse. Sara Hsu, an economist and visiting scholar at China’s Fudan University gives us her …
Riskier Chinese Property Bonds Suffer as Evergrande Struggles
Bonds from lower-rated Chinese property developers have fallen steeply in price after warnings of a potential default at Evergrande sent investors rushing to protect against trouble elsewhere in their …
Vincent Boland: Could one company’s fall trigger a property collapse in China?
A man walks past a banner outside the China Evergrande Centre in Hong Kong: the experience of Ireland and Spain, where property bubbles burst with devastating consequences in the financial crash of …
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