Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Heavily indebted Chinese developer proposes restructuring

Por: ABC News Business March 23, 2023

thumbnail

BEIJING -- A Chinese real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets announced a long-awaited plan Thursday to restructure what it owes to foreign bondholders.The Evergrande Group, the global real estate industry's most heavily indebted company, ran short of cash after Beijing tightened controls on corporate debt the ruling Communist Party worries is dangerously high. Some other... + full article



Similar News

Opinion

The New York Times USA Opinion March 27, 2023

thumbnailHONG KONG — Remember the ?It was little more than a year ago that Evergrande Group, the Chinese property developer, was about to collapse under more than $300 billion in debt. There were warnings of a catastrophic default that would ripple through China’s economy, maybe even... + más

Supreme Court says it hasn’t identified person who leaked draft opinion | The Boston Globe

Supreme Court says it failed to identify who leaked draft abortion opinion that overturned Roe v. Wade | ABC News


Embattled Billionaire Hui Ka Yan Wins Preliminary Support For Evergrande Restructuring Deal

Forbes USA Business March 20, 2023

thumbnailHui Ka YanVCG/VCG via Getty Images Hui Ka Yan has managed to win over preliminary support from a group of major creditors, with his deeply indebted property developer China Evergrande Group telling a Hong Kong court that it aims to present offshore debt restructuring terms as... + más

Evergrande’s Billionaire Founder Begins New Year With Another Pledge To Pay Down Debt | Forbes

Beleaguered Billionaire Hui Ka Yan Struggles To Hold Onto His Crumbling Empire | Forbes


Officials: China real estate recovering from debt crackdown

Associated Press USA Business March 03, 2023

thumbnailBEIJING (AP) — China’s vast real estate industry is recovering from a slump triggered by tighter debt controls, a deputy central bank governor said Friday, after a wave of defaults by developers rattled global financial markets.Pan Gongsheng mentioned Evergrande Group, the... + más

RIP Medical Debt seeks to buy, resolve more hospital debt | Associated Press

'The Bachelor' season 27 cast revealed: Meet the ladies vying for Zach Shallcross' heart | ABC News


Officials: China real estate recovering from debt crackdown

ABC News USA Business March 03, 2023

thumbnailBEIJING -- China’s vast real estate industry is recovering from a slump triggered by tighter debt controls, a deputy central bank governor said Friday, after a wave of defaults by developers rattled global financial markets.Pan Gongsheng mentioned Evergrande Group, the global... + más

RIP Medical Debt seeks to buy, resolve more hospital debt | Associated Press

'The Bachelor' season 27 cast revealed: Meet the ladies vying for Zach Shallcross' heart | ABC News


Chinese Property Developers Rise as Sunac Advances Plan for Debt Restructuring

MarketWatch USA Business December 09, 2022

thumbnailAmong blue chips, China Resources Land Ltd., Longfor Group Holdings Ltd., China Overseas Land & Investment Ltd. and Country Garden Holdings Co. were some of the top gainers, adding between 7.3% and 10% by the midday trading break. The Hang Seng Mainland Properties index gained... + más

Chinese Property Developers Rise as Sunac Advances Plan for Debt Restructuring | MarketWatch

Setapp for iOS: A simple and effective way for developers to boost their business | 9to5Mac


Chinese Property Developers Rise as Sunac Advances Plan for Debt Restructuring

MarketWatch USA Business December 09, 2022

thumbnailAmong blue chips, China Resources Land Ltd., Longfor Group Holdings Ltd., China Overseas Land & Investment Ltd. and Country Garden Holdings Co. were some of the top gainers, adding between 7.3% and 10% by the midday trading break. The Hang Seng Mainland Properties index gained... + más

Chinese Property Developers Rise as Sunac Advances Plan for Debt Restructuring | MarketWatch

Setapp for iOS: A simple and effective way for developers to boost their business | 9to5Mac


Carvana creditors criticize management, gird for a fight

Fox Business USA Business December 09, 2022

thumbnailArkansas Rep. French Hill and the Fraternal Order of Police's Joe Gamaldi weigh in on why inflation and crime continue to be major issues in America on 'The Evening Edit.' Investors in online used-car seller Carvana Co. say they are frustrated at how executives... + más

Carvana Stock Plunges 33% As Bankruptcy Risk Rises, Says Wedbush | Forbes

Carvana CEO’s Net Worth Skids But His Dad, Who Controls Company, Is Worth Nearly $3 Billion | Forbes



About iurex | Privacy Policy | Disclaimer |