Chinese Developers Have Billions in Debt Off Balance Sheet: JPMorgan
China's embattled developers, Evergrande and other property companies, have reportedly shifted billions of dollars in debt to off-balance ...
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China's embattled developers, Evergrande and other property companies, have reportedly shifted billions of dollars in debt to off-balance ...
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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.
SHANGHAI/LONDON—Chinese property firms' bonds were hit with another wrecking ball on Oct. 11 as Evergrande looked set to ...
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.