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.
Tagged By property
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.
Hong Kong court orders property firm China Evergrande to liquidate after plan for $300B debt fails
Property developer China Evergrande Group has been ordered to liquidate after it failed to reach a restructuring deal with creditors.
Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’
China Evergrande Group helped trigger China’s real estate crisis just over two years ago. The developer, with more than $300 billion in total liabilities, became the poster-child for debt problems in …
Evergrande, symbol of China’s property crisis, heads to liquidation
The Shenzhen-based developer has become a poster child of China’s property crisis since 2021, with total liabilities of over $328 billion at the end of June last year. Last September, its founder and …
Evergrande Was Once China’s Biggest Property Developer. Now, It Has Been Ordered to Liquidate
The Chinese property developer faces imminent liquidation after its overseas creditors failed to reach an 11th-hour deal this weekend to restructure the sprawling real-estate company.
China property giant Evergrande told to liquidate
The firm defaulted on its debts back in 2021, throwing the country’s whole property market into turmoil. Now the liquidation order is likely to deepen the crisis in the sector, and jolt China’s …
China Evergrande, World’s Most-Indebted Property Developer, Ordered to Liquidate
China Evergrande Group was ordered to be liquidated by a Hong Kong court, a stunning legal coda for the world’s most-indebted property developer. A wind-up could end up in management being replaced …
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