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China Evergrande Group

Chinese property giants hit hard with nearly USD 3 billion in forex losses

by Ron Morgan
Chinese property giants hit hard with nearly USD 3 billion in forex losses

China’s leading real estate firms have reported nearly USD 3 billion in foreign exchange losses for the first half of this year, primarily due to the depreciation of the yuan …

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Country Garden wins bond extension, relief for China’s property sector

by Walter Watson
Country Garden wins bond extension, relief for China’s property sector

People pass by the Country Garden Community in Fuyang, China on Sept. 3, 2023. Future Publishing | Future Publishing | Getty Images Country Garden has won approval from its creditors to extend …

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Hong Kong property stocks surge as China takes action to revive property sector

by Walter Watson
Hong Kong property stocks surge as China takes action to revive property sector

Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, …

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China Evergrande shares plunge as trading resumes trade after 17 months

by Walter Watson
China Evergrande shares plunge as trading resumes trade after 17 months

NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) …

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China rates, FTSE 100, DAX, CAC 40

by Walter Watson
China rates, FTSE 100, DAX, CAC 40

LONDON — European stock markets were higher on Monday after closing Friday at a six-week low. The Stoxx 600 index trimmed earlier gains to trade 0.1% higher in afternoon trading, …

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China’s property troubles worsen, ramping calls for bolder policy help

by Walter Watson
China’s property troubles worsen, ramping calls for bolder policy help

Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s …

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JPMorgan hikes EM default forecast as Country Garden drives China contagion fears

by Walter Watson
JPMorgan hikes EM default forecast as Country Garden drives China contagion fears

Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Images JPMorgan raised its …

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China’s Evergrande posts $81 billion loss over the past two years

by Ron Morgan
China’s Evergrande posts  billion loss over the past two years

The Evergrande Group headquarters building in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. Liang Xiashun | Visual China Group | Getty Images China Evergrande …

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