China builders rally set to keep momentum from state su...
The surge in Chinese builders’ stocks and dollar bonds isn’t over as buying momentum driven by supportive government policy is likely to persist, investors say.
Source: dailymaverick.co.za
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Kaisa's dollar bonds gain on strategic tie-up: Evergrande update
After the defaulted developer unveiled a strategic tie-up with a state-controlled builder and one of China’s major bad-debt managers, as the government works to contain the sector’s cash crunch.
Source: moneyweb.co.za
China Evergrande slumps as investor worries deepen
China Evergrande slumps as investor worries deepen Reuters 19 hrs ago © Reuters/Bobby Yip FILE PHOTO: A logo of China Evergrande Group is displayed at a news conference on the property developer's annual results in Hong Kong SHANGHAI (Reuters) - Shares and bonds in China Evergrande, the country's most indebted developer, plunged for a second day on Tuesday, after sales of two real estate projects were suspended by local authorities, escalating worries over its financial health. Evergrande's Hong Kong-listed shares tumbled more than 13% to a fresh four-year low, following Monday's 16% p...
Source: msn.com