Por: ABC News Business March 23, 2023
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
The New York Times USA Opinion March 27, 2023
HONG 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
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Forbes USA Business March 20, 2023
Hui 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
Associated Press USA Business March 03, 2023
BEIJING (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
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ABC News USA Business March 03, 2023
BEIJING -- 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
MarketWatch USA Business December 09, 2022
Among 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
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Fox Business USA Business December 09, 2022
Arkansas 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
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