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China Evergrande Group

Country Garden draws closer to debt deadline, as default risk looms

by Adrian Jhonsan
Country Garden draws closer to debt deadline, as default risk looms

Country Garden shares tumbled to fresh eight-month lows Monday, extending losses on renewed debt fears for the Chinese property sector. Future Publishing | Future Publishing | Getty Images All of …

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Categories World

Shares of Evergrande suspended amid reports its chairman under surveillance

by Adrian Jhonsan
Shares of Evergrande suspended amid reports its chairman under surveillance

Shares of Evergrande were suspended on Thursday, Hong Kong’s exchange announced. Seen here are residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, …

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Categories World

September is ‘likely to remain messy’

by Milton Acorn
September is ‘likely to remain messy’

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily …

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Categories Science

Fixing China’s property sector may take a decade, says Grow Investment

by Adrian Jhonsan
Fixing China’s property sector may take a decade, says Grow Investment

China’s urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector, according to China economist Hao Hong. “Fixing the property sector …

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Categories World

China property stocks tumble amid Evergrande debt restructuring roadblock

by Adrian Jhonsan
China property stocks tumble amid Evergrande debt restructuring roadblock

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 Hong Kong-listed …

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Categories World

Chinese property stocks surge after Country Garden avoids default

by Adrian Jhonsan
Chinese property stocks surge after Country Garden avoids default

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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Categories World

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

by Adrian Jhonsan
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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Categories World

China Evergrande shares plunge as trading resumes after 17 months

by Adrian Jhonsan
China Evergrande shares plunge as trading resumes 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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Categories World

China’s deflation could spill over into a global concern, economists say

by Adrian Jhonsan
China’s deflation could spill over into a global concern, economists say

SHENZHEN, CHINA – MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and …

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Categories World

China trims 1-year rate, but unexpectedly leaves 5-year rate unchanged

by Adrian Jhonsan
China trims 1-year rate, but unexpectedly leaves 5-year rate unchanged

A night view of the Central Business District in Beijing, China, Nov 10, 2021. Future Publishing | Future Publishing | Getty Images China’s central bank cut its one-year loan prime …

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Categories World
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