What is more alarming is the extent of the crisis across real estate and other sectors of the world’s second-largest economy, and the real dangers if policymakers opt for pathways …
An attempt to auction assets belonging to an onshore affiliate of mainland property giant China Evergrande Group, which was ordered by a Hong Kong court to be wound up earlier …
“The liquidation is a milestone for China’s biggest corporate defaulter with US$337 billion in liabilities,” said Esther Liu, credit analyst at S&P Global Ratings. “But much of this story is …
China Evergrande Group’s overseas creditors are likely to remain on tenterhooks, as the crucial question that follows its liquidation order in Hong Kong is whether the liquidators will be able …
China Evergrande Group will be liquidated, after a Hong Kong High Court approved a petition by creditors to wind up the world’s most indebted property developer, making history as the …
A unit of China Evergrande Group, the most indebted property developer in mainland China, has agreed to sell its stake in a project in Shantou, southern Guangdong province, continuing to …
However, analysts warn that even the developers that make the list will find the coming years brutal. The landscape of the home-building business in China has been forever altered by …
Hywin Wealth, a Shanghai-based wealth management company with ties to embattled property developer China Evergrande Group, said it would look into missed payments on its investment products, after talk of …
Joseph Lau Luen-hung, a property magnate and one of Hong Kong’s wealthiest men, said high interest rates are forcing businesspeople to recalculate their investments and potential returns. The Hong Kong-listed …
As China’s property sector – once a steadfast contributor to a sizeable chunk of the country’s gross domestic product (GDP) – becomes a less reliable growth driver under a cloud …