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2 mins read
Evergrande's bankruptcy signals beginning of China's real estate crisis: Experts
The filing for bankruptcy by Evergrande, Chinese real estate giant signals the beginning of Beijing…
ANI
3 mins read
There may be little to recover in the $300 billion Evergrande debt saga
Liquidators will take control of the company's assets and prepare to sell them in order to repay th…
Huileng Tan,Nidhi Pandurangi
2 mins read
Evergrande's whopping $81 billion loss is almost triple Iceland's GDP - it's a reflection of China's deepening property crisis
After failing to finish projects and repay lenders, Evergrande now holds the unfortunate title as t…
Joseph Wilkins
2 mins read
The Evergrande collapse is not China's 'Lehman moment,' but it does complicate an economic recovery, think tank says
"Unlike Lehman, Evergrande's insolvency is due to its excessive borrowing and aggressive use of lev…
Aruni Soni
2 mins read
Evergrande stocks have tanked 27% this week, suggesting the worst is far from over for China's property sector
Evergrande is valued at 5.3 billion Hong Kong dollars now — way down from 2017 when it was wo…
Huileng Tan
1 min read
China's property stocks fall by the most in nine months as Evergrande says it's unable to issue new debt
China's property stocks have tanked by the most in nine months as the embattled industry struggles …
Joseph Wilkins
2 mins read
China Evergrande has had a wild ride on the stock market in the 3 weeks since trading was resumed
The Chinese property developer's shares tanked 25% early on Monday following news that some of its …
Huileng Tan
2 mins read
Beijing says Evergrande and its tycoon founder committed a $78 billion fraud. That would rank it as one of the biggest financial frauds ever.
Fraud allegations deepen crisis for Chinese real estate giant Evergrande, which is already in liqui…
Huileng Tan
2 mins read
China Evergrande soars 70% to lead Chinese property names higher after another developer dodges default
Country Garden Holdings and Logan Group also made sharp gains, following the former's $22.5 million…
Phil Rosen
2 mins read
China rolls out fresh property relief measures to stem the fallout from Evergrande's meltdown
Policymakers are trying to boost support for China's real estate market. Evergrande this week was o…
Yuheng Zhan
3 mins read
Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home
Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate followi…
Huileng Tan
1 min read
China Evergrande crashes 87% to become a penny stock as the former $50 billion real estate giant reveals more steep losses
Once a $50 billion developer, shares of the troubled property giant tumbled in Hong Kong after a 17…
Insider Inc.
2 mins read
China's Evergrande Group shares plummet over 80%
World's most indebted real state developer, Evergrande Group's shares plummeted 87 per cent on Mond…
ANI
1 min read
China's property crisis is bleeding into its banking sector, which is being asked to prop up developers
China's property crisis has hit the books of its four biggest lenders, which have seen a notable ri…
Huileng Tan
5 mins read
It's a make-or-break week for the stock market. Here's why.
In today's big story, we're looking at why this is such a big week for the stock market.
Dan DeFrancesco
2 mins read
The founder of Evergrande just lost 2 Hong Kong mansions collectively valued at $200 million to a creditor
The two luxury mansions in Hong Kong's prestigious The Peak neighborhood were pledged for an HK$821…
Huileng Tan
2 mins read
China's property crisis could get even uglier. This time, a state-backed developer is the one raising concerns.
China's years-long real-estate debt crisis has already taken down property giant Evergrande, which …
Huileng Tan
4 mins read
Evergrande owes its creditors over $500 million that is due by the end of the year. Here's a breakdown of the payments it needs to make.
If Evergrande fails to meet its obligations, it could become the second-biggest emerging market cor…
Shalini Nagarajan
1 min read
The founder of Chinese property developer Evergrande — who was once Asia's second-richest person — is no longer a billionaire
Hui Ka Yan is now worth $979 million. His net worth has taken a 98% tumble since peaking at $42 bil…
Huileng Tan
2 mins read
China is grappling with slumping growth, a property crisis and debt woes - the next jolt could come from the yuan hitting a 16-year low
A plunging yuan could spook international investors at a time when China's floundering economy need…