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Tag: Fantasia

A woman walks in front of a housing complex by Chinese property developer Evergrande in Beijing on October 21, 2021.
Fitch Forecasts Chinese Real Estate Crash
Communist China’s property market has been on a downward slide for the past few months, weighed down by developers unable to pay back loans, tight regulatory policies, and lower sales. According to a recent report...
Chinese Real Estate Developers Plunge Into Deeper Troubles
While investors are fixated on the fate of Evergrande, the Chinese real estate developer isn’t the only property company in the country facing trouble. Several other firms in the sector are having difficulty repaying debts...
Trading of Evergrande Shares Halted; Worries Concerning Chinese Property Market Deepen
On Oct. 4, Evergrande halted trading of its shares on the Hong Kong Stock Exchange (HKSE) pending a “major transaction,” which some believe involves Chinese state companies buying up portions of the firm’s assets.   Evergrande...