You Searched For "evergrande selloff" and got 20 results
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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.
1 min read
Evergrande's deal to sell a majority stake in its property services unit to smaller rival has been put on hold, report says
Evergrande was in talks to sell 51% of its property services unit to Hopson Development Holdings fo…
Isabelle Lee
2 mins read
China says Evergrande risks are 'controllable' in first comments since debt crisis
Chinese officials, including state-controlled media, have kept silent throughout the Evergrande's f…
Isabelle Lee
2 mins read
US stock slip as traders closely watch Evergrande drama and debt ceiling talks
"Investors should brace for more stock market volatility," Jay Pestrichelli of Zega Financial said,…
Isabelle Lee
1 min read
Beijing flinches from Evergrande bailout, nudges government-owned firms to snap up assets, report says
Vanke, China Jinmao Holdings, and China Resources Land are among those that have been asked to purc…
Isabelle Lee
2 mins read
China's central bank says it will protect consumers as another payment deadline looms for Evergrande
The central bank did not explicitly mention Evergrande, though it was seen as among the most pointe…
Isabelle Lee
3 mins read
China's bond market slides as Evergrande's 3rd missed payment hammers the property sector, while smaller rivals scramble to avoid default
The worsening situation highlights the impact of Evergrande, which holds a crushing $305 billion in…
Shalini Nagarajan
2 mins read
US stocks fall as investors digest news of Evergrande's missed payment deadline
The debt crunch of the beleaguered Chinese firm has roiled global markets in the past week and has …
Isabelle Lee
2 mins read
Dow falls 614 points as Evergrande fears spark steep sell-off
Monday's decline sent the S&P 500 down more than 5% from its record high for the first time in near…
Matthew Fox
2 mins read
Markets are awaiting the next major test of Evergrande after default fears triggered a sell-off. Here's what investors are focused on as key debt payment looms.
All eyes are on Evergrande's ability to pay $83 million in interest on its US-dollar denominated bo…
Matthew Fox
2 mins read
US stock futures rebound after Evergrande crisis sparks worst sell-off since May, as oil recovers lost ground
There was a strong "buy-the-dip" impulse after the Evergrande crisis sent stocks tumbling, strategi…
Harry Robertson
2 mins read
Dow soars 506 points as stocks recoup nearly all losses from Evergrande sell-off
The S&P 500 is just 2% below its record high as investors shake off fears related to the Evergrande…
Matthew Fox
2 mins read
4 reasons why the market will see a full rebound from the Evergrande sell-off as early as this week, according to Fundstrat's Tom Lee
The stock market sell-off could be reversed as soon as this week with several factors driving a reb…
Matthew Fox
3 mins read
The Evergrande crisis and China's regulatory crackdowns are shaking the notion that China is an investable market, says Mohamed El-Erian
The potential collapse of homebuilder Evergrande "is shaking key tenants of this global investment …
Carla Mozée
2 mins read
US stocks fall as Fed comments and new data raise fear of more rate hikes
Shares of Apple, Nvidia, and Tesla all moved lower in Wednesday's session as September continued to…
Phil Rosen
2 mins read
Short-seller Andrew Left warned investors of Evergrande's looming insolvency nearly 10 years ago - and was banned from trading in Hong Kong as a result
"The evidence of management misconduct at Evergrande is shocking," Left said in his original 2012 r…
Matthew Fox
1 min read
Shares of Chinese developer Kaisa and units suspended as debt woes mount amid fears of contagion from Evergrande's crisis
Kaisa's troubles come amid concerns about a deepening liquidity crisis in the Chinese property sect…
Donny Kwok and Anne Marie Roantree
2 mins read
Struggling property developer Country Garden's shares hit record low after suspending bond trading amid a severe cash crunch
Country Garden Holdings – once China's largest developer by sales – announced in a week…
Joseph Wilkins
1 min read
The sell-off sparked by the Evergrande crisis has shaken retail investors' buy-the-dip mentality, JPMorgan says
"The outflow happened on a down day and is thus inconsistent with the buy-the-dip behavior," JPMorg…
Matthew Fox
2 mins read
Bitcoin's claim to be digital gold loses its shine after the token plunges alongside stocks in the Evergrande sell-off
Bitcoin advocates often call the cryptocurrency "digital gold", but it didn't behave like it as sto…