China Evergrande
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China's Evergrande chairman seeks to reassure investors, shares surge
Indebted property giant China Evergrande will make it a top priority to help wealth investors redeem their products, its chairman said, as investors await a key deadline for a dollar-bond coupon payment on Thursday. Indebted property giant China Evergrande will make it a top priority to help wealth investors redeem their products, its chairman said, as investors await a key deadline for a dollar-bond coupon payment on Thursday. -
China Evergrande domestic debt deal calms immediate contagion concern
China Evergrande agreed to settle interest payments on a domestic bond on Wednesday, while the Chinese central bank injected cash into the banking system, soothing fears of imminent contagion from the debt-laden property developer. China Evergrande agreed to settle interest payments on a domestic bond on Wednesday, while the Chinese central bank injected cash into the banking system, soothing fears of imminent contagion from the debt-laden property developer. -
China Strategic seeks to offload 1.4% stake in Evergrande vehicle unit
Securities trading and money lending company China Strategic Holdings Ltd said on Tuesday it planned to sell up to a 1.37% stake in a unit of indebted developer China Evergrande Group - and could do so at a significant discount. Securities trading and money lending company China Strategic Holdings Ltd said on Tuesday it planned to sell up to a 1.37% stake in a unit of indebted developer China Evergrande Group - and could do so at a significant discount. -
With Gucci bags and Dyson appliances, Evergrande wooed retail investors
Lured by the promise of yields approaching 12%, gifts such as Dyson air purifiers and Gucci bags, and the guarantee of China's top-selling developer, tens of thousands of investors bought wealth management products through China Evergrande Group. Lured by the promise of yields approaching 12%, gifts such as Dyson air purifiers and Gucci bags, and the guarantee of China's top-selling developer, tens of thousands of investors bought wealth management products through China Evergrande Group. -
China Evergrande's rising default risks shift focus to possible Beijing rescue
Persistent default fears eclipsed efforts by China Evergrande Group's chairman to lift confidence in the embattled firm on Tuesday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy. Persistent default fears eclipsed efforts by China Evergrande Group's chairman to lift confidence in the embattled firm on Tuesday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy. -
China Evergrande shares plummet on default risks
Shares of Evergrande plunged over 15% on Monday, extending losses as investors take a dim view of its business prospects with a fast approaching deadline for payment obligations this week. Shares of Evergrande plunged over 15% on Monday, extending losses as investors take a dim view of its business prospects with a fast approaching deadline for payment obligations this week. -
China's house of cards: Evergrande threatens wider real estate market
China Evergrande is teetering between a messy meltdown with far-reaching impacts, a managed collapse or the less likely prospect of a bailout by Beijing for what was once the country's top-selling property developer. China Evergrande is teetering between a messy meltdown with far-reaching impacts, a managed collapse or the less likely prospect of a bailout by Beijing for what was once the country's top-selling property developer. -
Chinese Regulators Summon Evergrande Execs, Warn On Debt Risks
China's central bank said it summoned executives of the country's most indebted property developer, China Evergrande Group, to talks on Thursday and issued a rare warning that the company needs to reduce its debt risks and prioritize stability. China's central bank said it summoned executives of the country's most indebted property developer, China Evergrande Group, to talks on Thursday and issued a rare warning that the company needs to reduce its debt risks and prioritize stability. -
China Evergrande Ratings Spiral As Lawsuits Mount
Huaibei Mining and Peace Tree Wood filed lawsuits alleging China Evergrande missed loan payments. Huaibei Mining and Peace Tree Wood filed lawsuits alleging China Evergrande missed loan payments. -
China Evergrande Stock Falls After Court Freezes Deposits
"We view this as negative news, indicating weakening bank channels which should further pressure liquidity," Nomura said. "We view this as negative news, indicating weakening bank channels which should further pressure liquidity," Nomura said.