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October 21, 2021
"Nearly every developer has borrowings in disguise. The sector's debt problem is worse than what you see," said He Siwei, an attorney at Hui Ye Law Firm.
October 21, 2021
SHANGHAI/LONDON--Numbers don’t lie, you just need to be looking at the right ones.
October 21, 2021
The Evergrande crisis has shone a spotlight on other property companies struggling with debt
October 20, 2021
Numbers don't lie, you just need to be looking at the right ones. That's the problem for investors searching for the next trouble spot in the Chinese real estate sector as industry giant China Evergrande Group lumbers towards what is expected to be the country's largest-ever corporate default.
October 14, 2021
China’s property sector policy has exposed the grim financial condition of real estate developers including those operating in Cambodia, which raises questions over the viability of their projects and business going forward
October 11, 2021
China's embattled developers, Evergrande and other property companies, have reportedly shifted billions of dollars in debt to off-balance ...
October 11, 2021
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October 11, 2021
Chinese property firms’ bonds were hit with another wrecking ball on Monday as Evergrande looked set to miss its third round of bond payments in as many weeks and rivals Modern Land and Sinic became the latest scrambling to delay deadlines.
October 11, 2021
SHANGHAI/LONDON—Chinese property firms' bonds were hit with another wrecking ball on Oct. 11 as Evergrande looked set to ...
October 8, 2021
JPMorgan's China and Hong Kong property analysts said the tactic is likely to have been used to help firms look like they were conforming with new borrowing cap rules, but Evergrande's case looks the most extreme.