What they got instead over the course of the next two years, is a harsh lesson…
Tag: evergrande
China went through its Gilded Age; but no model lasts forever
In early 2023, after three years of smothering lockdowns, China reopened its doors to the world.…
Chinese developer faces Hong Kong court hearing today over winding up company
Two years after its default marked a key moment in China’s property crisis, the world’s most…
Evergrande shares plunge 79% as trade resumes; extends creditor voting
Evergrande Group, the world’s most indebted real estate developer, lost $2.2 billion, or 79% of its…
Japan’s Nikkei falls over 3% this week; posts biggest weekly loss in 8 months
Japan’s Nikkei ended lower for the third straight session on Friday, witnessing its biggest weekly loss…
China’s real estate giant Evergrande files for bankruptcy protection in US
China’s real estate giant Evergrande Group has filed for bankruptcy protection in the United States on…
Another Big Chinese Property Domino Is Wobbling
Financial troubles at Chinese property developers are hardly news nowadays. But a sudden crisis of confidence…
Can China’s Evergrande Group survive amid mounting debts, depleting resources?
Concerns have been raised by creditors and analysts regarding the viability of China Evergrande Group’s (3333.HK)…
More Chinese homebuyers refuse loans amid fears of contagion – Times of India
Home buyers have stopped mortgage payments on at least 100 projects in more than 50 cities…