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Tag: evergrande

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Beijing Asks Evergrande Founder to Use His Money to Pay Back Company Debts
Chinese authorities have asked the founder of Evergrande, billionaire Hui Ka Yan (also known as Xu Jiayin...
Housing prices in many provinces in China have recently declined.
Housing Prices Fall in Chinese Provinces, Sector in Trouble
Many Chinese provinces are witnessing a decline in housing prices, something that has happened for the...
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China’s Third Quarter GDP Falls Below Expectations, Weakest Growth Rate in a Year
China released its third-quarter GDP numbers and the results are lower than market expectations. According...
China's real estate sector has been under enormous financial stress.
Chinese Developers Showing Sign of Weakness Amidst Evergrande Crisis
For the past few months, Chinese real estate firm Evergrande has been one of the focus points of the...
Evergrande Crisis Could Cause a Damaging Domino Effect While Powerful CCP Families Profit
On Sep 22, in an attempt to assure concerned western investors, the Evergrande Group announced that it...
Many regions in China are facing a power crisis due to carbon emission targets and rising coal prices.
Power Cuts, Coal Shortages and Evergrande Failure Threatening Chinese Economy
China is facing an acute power crisis, something which can have a severe impact on one of the biggest...
S&P Ratings Warn Evergrande Might Not Receive Support From Beijing, Worrying Investors
S&P Global Ratings has warned that Chinese real estate company, China Evergrande, which is currently...
Evergrande Fails to Pay $83.5-Million Interest Payment
Chinese real estate giant, Evergrande, has failed to pay off its interest payments due on Sept. 23, deepening...
Last-minute Debt Deal Keeps Evergrande Afloat, but Crisis Is Far From Over
The Evergrande Group has struck a last minute deal to avoid defaulting on a bond payment worth an estimated...
The Chinese real estate group, Evergrande, is facing issues with debt repayments.
China’s Evergrande Conglomerate Reels Under Payment Issues, Threatening Chinese Economy
China’s real estate giant, Evergrande, is teetering on the brink of bankruptcy, unable to service its...
Trading of Bonds Suspended for Chinese Real Estate Giant Evergrande as Prices Plummet
Once the world’s most valuable real estate company, the Evergrande Group, had trading of its bonds suspended...
Chinese Real Estate Giant Evergrande Teetering on the Brink of Bankruptcy
Evergrande, one of the world’s most indebted real estate developers, is reportedly so crippled with debt...