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SINGAPORE/HONG KONG - Unless China Evergrande Group takes quick steps for an orderly restructuring of its debt pile and steps up asset sales, its last-minute bond interest payment this week will do little to shore up creditors' support for the developer, analysts and lawyers...
It took Evergrande less than a day to go from denying "rumors" of bankruptcy (as per a statement posted on its website earlier today), to confirming that a bankruptcy is imminent. In a filing on the Hong Kong stock exchange on Tuesday, Evergrande...
I don’t have to prove anything to my children. They already love me. They forgive me when I’m grumpy, when I yell, or get distracted.
China Property Stockâs Sudden Plunge on Spinoff Plan Spooks Bondholders May 13 2021, 4:00 PM May 13 2021, 1:42 PM May 13 2021, 4:00 PM (Bloomberg) -- Anything freaks out Chinaâs dollar bond market these days, especially when it comes to property firms. (Bloomberg) -- Anything freaks out Chinaâs dollar bond market these days, especially when it comes to property firms. When Central China Real Estate Ltd. shares resumed trading in the afternoon in Hong Kong, they sank as much as 43%. The trigger was expected -- from Thursday, new shareholders would no longer qualify for a piec...
Anti-fatigue health claims: Taiwan animal test ban to increase cost and time for registering products Health foods manufacturers wanting to make anti-fatigue claims in Taiwan can expect to spend a higher cost and a longer period of time registering products, after the local authorities banned animal testing on such items and insisted on human trials. The Taiwan Food and Drug Administration announced the ban on animal test in health foods and beverages making anti-fatigue claims in mid-April. There will be a two-year transition period. Manufacturers wishing to make ...