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China Evergrande Group

China Evergrande: PwC refutes letter claiming fraud tied to indebted developer, vows to investigate ‘fabricated’ claims

by Anas Siddiqui
China Evergrande: PwC refutes letter claiming fraud tied to indebted developer, vows to investigate ‘fabricated’ claims

PricewaterhouseCoopers (PwC) has refuted a letter alleging that its partners were involved in auditing fraud tied to bankrupt Chinese developer China Evergrande Group and said it has taken measures to …

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China and Hong Kong sold off nearly $5 trillion, worth more than India’s stock market

by Walter Watson
China and Hong Kong sold off nearly  trillion, worth more than India’s stock market

MUMBAI, MAHARASHTRA, INDIA – 2024/02/01: A circular metal emblem with words ‘This sign indicates buying of shares’ is seen near the pavement of a street near Bombay Stock Exchange (BSE) …

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Chinese insurers sound the alarm over Vanke debt risks after property giant’s bonds, shares tumble on repayment concerns

by Anas Siddiqui
Chinese insurers sound the alarm over Vanke debt risks after property giant’s bonds, shares tumble on repayment concerns

Some of China’s largest insurers are sounding the alarm over the debt risks of China Vanke, according to people familiar with the matter, as shares and bonds of the firm …

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Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

by Walter Watson
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising …

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Evergrande chairman’s second seized Hong Kong mansion put up for sale

by Ron Morgan
Evergrande chairman’s second seized Hong Kong mansion put up for sale

China Evergrande Center sign seen on the front of their building. A second mansion in Hong Kong that once belonged to China Evergrande Group’s chairman has been put up for sale …

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How China’s property bubble burst

by Walter Watson
How China’s property bubble burst

China’s top real estate developers, Evergrande and Country Garden, have defaulted on their debts. But the issues in China’s property market have much deeper roots. Desperate property developers in China …

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Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

by Ron Morgan
Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to …

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Evergrande’s liquidation crisis won’t be China’s Lehman moment: Leland

by Walter Watson
Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to …

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Evergrande shares halted after Hong Kong court orders liquidation

by Ron Morgan
Evergrande shares halted after Hong Kong court orders liquidation

Shares of China Evergrande were halted after plunging over 20% in early trading on Monday after a Hong Kong court ruled to liquidate the embattled property developer. It comes against …

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Things you might not have known about Asia’s markets, according to HSBC

by Walter Watson
Things you might not have known about Asia’s markets, according to HSBC

Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022. Paul Yeung | Bloomberg | …

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