Por: MarketWatch Business January 29, 2024
“Our take is that Evergrande’s liquidation will be yet another headwind to nominal activity,” Arif Haque, an analyst at Piper Sandler, said in a Monday note. Haque said that a 1% year-over-year decline in real-estate investment has had a drag of 0.3 percentage points on China’s nominal gross domestic product. Over the past year, real-estate investment has plunged 16%, which translates into a nominal hit to GDP of 5 percentage points.... + full article
Fox Business USA Business January 30, 2024
Circle Squared Alternative Investments founder Jeff Sica explains how the A.I. hype could impact earnings of Apple, Alphabet and Microsoft on Varney & Co. Bankrupt Chinese giant Evergrande on Monday was ordered to liquidate by a Hong Kong judge who argued the deeply indebted... + más
China's Evergrande has liquidation hearing postponed until January | Fox Business
China real estate giant Evergrande, over $300 billion in debt, is ordered to liquidate | Los Angeles Times
Los Angeles Times USA Business January 29, 2024
A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden. “It would be... + más
Evergrande’s Billionaire Founder Begins New Year With Another Pledge To Pay Down Debt | Forbes
New York Post USA Business December 04, 2023
A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande’s plans for restructuring its more than $300 billion in debts and staving off liquidation. The company, the world’s most indebted property developer, ran into trouble when in... + más
Fox Business USA Business December 04, 2023
Check out what's clicking on FoxBusiness.com China Evergrande Group on Monday said it has been granted an adjournment of a court hearing into a liquidation petition to Jan. 29, giving the embattled property developer time to finalize a revamped offshore debt-restructuring... + más
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling $300B in debts | New York Post
ABC News USA Business September 28, 2023
HONG KONG -- Trading in shares of heavily indebted Chinese property developer Evergrande Group was suspended in Hong Kong on Thursday, according to a notice on the Hong Kong stock exchange.The suspension comes after Bloomberg News reported that the chairman of Evergrande, Hui Ka... + más
Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong | ABC News
China Evergrande soars after property developer's stocks resume trading | ABC News
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
Beleaguered Billionaire Hui Ka Yan Struggles To Hold Onto His Crumbling Empire | Forbes
Forbes USA Business January 03, 2023
Evergrande founder Hui Ka Yan has started the new year with a new pledge.South China Morning Post via Getty Images Hui Ka Yan, the embattled of real estate developer China Evergrande Group, said the company would definitely resolve the various risks it now faces and pay down its... + más
Beijing At Last Acts | Forbes
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