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China Evergrande says winding-up lawsuit won't impact restructuring: China Evergrande Group (3333.HK), the world's most indebted property developer ...
reuters.com/world/china/china-evergrande-faces-winding-up-lawsuit-110-mln-deal-obligation-2022-06-28/
China Evergrande Group, the world's most indebted property developer, said it will ‘vigorously’ oppose a winding-up lawsuit filed against it ... Show more
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China Evergrande says winding-up lawsuit won't impact restructuring: China Evergrande Group (3333.HK), the world's most indebted property developer ...
reuters.com/world/china/china-evergrande-faces-winding-up-lawsuit-110-mln-deal-obligation-2022-06-28/
UBS Analyst Who Cut Evergrande Turns Bullish on Chinese Property Market: When it comes to Chinese real estate, John Lam is a lone wolf.
bloomberg.com/news/articles/2024-04-25/ubs-analyst-who-cut-evergrande-turns-bullish-on-property
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors: HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Probe-of-PwC-s-Evergrande-conduct-casts-shadow-on-Big-Four-auditors
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Hong Kong's audit watchdog to investigate PwC audit role in Evergrande: Hong Kong's audit watchdog Accounting and Financial Reporting Council (AFRC) said on ...
reuters.com/world/china/hong-kongs-audit-watchdog-investigate-pwc-audit-role-evergrande-2024-04-19/
China's economy grew 5.3% in the first quarter, beating expectations: On a quarter-on-quarter basis, China's GDP grew 1.6% in the first quarter ...
cnbc.com/2024/04/16/chinas-q1-gdp-grew-5point3percent-in-the-first-quarter-beating-expectations.html
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors: HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Probe-of-PwC-s-Evergrande-conduct-casts-shadow-on-Big-Four-auditors
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China Real Estate Rich Lost $100 Billion-Plus in Housing Bust: The runup in mainland property prices minted dozens of billionaires. The sector’s collapse has ...
bloomberg.com/news/features/2024-04-04/china-real-estate-rich-lost-100-billion-plus-in-housing-bust
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China's distressed property developer losses start to pile up: HONG KONG -- The severity of the financial damage to China's distressed property developers ...
asia.nikkei.com/Business/Markets/China-debt-crunch/China-s-distressed-property-developer-losses-start-to-pile-up
Global economy now has its own ‘Three-Body Problem’: TOKYO -- Analysts at Fitch Ratings have been a busy bunch in recent months warning of debt landmines in the ...
asiatimes.com/2024/04/global-economy-now-has-its-own-three-body-problem/
China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than India's market cap
cnbc.com/2024/04/03/china-and-hong-kong-sold-off-nearly-5-trillion-worth-more-than-indias-stock-market.html
Evergrande's liquidators say company, SJ and Tianji withdraw Chapter 15 applications in US
reuters.com/business/evergrandes-liquidators-say-company-sj-tianji-withdraw-chapter-15-applications-2024-03-24/
China’s Country Garden faces sales slump as financial turmoil continues: China’s Country Garden faces sales slump as financial turmoil continues
wionews.com/business-economy/chinas-country-garden-faces-sales-slump-as-financial-turmoil-continues-707104
China fines Evergrande for inflating revenue by $80bn: HONG KONG -- China's securities watchdog has accused a core unit of China Evergrande Group of ...
asia.nikkei.com/Business/Markets/China-debt-crunch/China-fines-Evergrande-for-inflating-revenue-by-80bn
China looking into PwC's role in $78 billion Evergrande fraud case: No decision has been made on whether to penalize the auditor
business-standard.com/world-news/china-looking-into-pwc-s-role-in-78-billion-evergrande-fraud-case-124032200232_1.html
Chinese cities to close local financial asset exchanges to defuse risks: Four Chinese provinces and cities are shutting down their financial asset exchanges as ...
reuters.com/world/china/chinese-cities-close-local-financial-asset-exchanges-defuse-risks-2024-03-26/
China Evergrande's flagship unit, founder punished for securities fraud: China Evergrande Group founder Hui Ka Yan will be barred from the securities market for ...
reuters.com/business/chinas-regulator-ban-evergrande-chairman-entering-securities-market-life-2024-03-18/
Hints of a yuan versus yen currency war: TOKYO – The costs of a chronically weak yen just grew by US$18 trillion as China’s economy, Asia’s biggest ...
asiatimes.com/2024/03/hints-of-a-yuan-versus-yen-currency-war/
Country Garden Wind-Up Lawsuit Shows Power of Small Creditors Like Kingboard: Chinese property giant Country Garden Holdings Co. just got a public nudge that may ...
bloomberg.com/news/articles/2024-02-28/small-creditors-become-big-headaches-for-china-s-soured-builders
Quick Glance: Country Garden Faces Liquidation Petition - China's Property Woes
- Liquidation petition filed for non-payment of $205 million loan
- Hong Kong-listed Kingboard files petition in local court, hearing set for May 17
- Country Garden opposes petition, continues debt revamp plan
- Petition could worsen real estate crisis, strain Chinese economy
Evergrande Founder’s Ex-Wife Sues Son Over $128 Million in Loans: The ex-wife of China Evergrande Group’s founder Hui Ka Yan filed a lawsuit against his second ...
trib.al/q1q05lh
PwC Denies Allegations in Anonymous Letter on Evergrande Work: PricewaterhouseCoopers LLP said it will investigate an anonymous letter circulating on social ...
bloomberg.com/news/articles/2024-04-16/pwc-denies-anonymous-letter-allegations-plans-investigation
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Time for China to move past GDP growth targets: Sometimes, good news on China’s economy is actually bad news for the broader global economy and financial system ...
asiatimes.com/2024/03/time-for-china-to-move-past-gdp-growth-targets/
How Country Garden Plays Into China’s Real Estate Crisis (2007 HK): China’s real estate crisis is rumbling on, depriving the world’s No. 2 economy of one of its ...
bloomberg.com/news/articles/2024-03-01/how-country-garden-plays-into-china-s-real-estate-crisis-2007-hk
Hong Kong Luxury Mansion Linked to Evergrande Founder Hui Ka Yan Put on Sale: Another Hong Kong mansion tied to China Evergrande Group’s founder Hui Ka Yan has ...
bloomberg.com/news/articles/2024-03-01/luxury-house-linked-to-evergrande-s-hui-put-on-sale-in-hong-kong
Quick Glance: Luxurious Evergrande Chairman's Estate Listed Amid Liquidation
- Another property owned by Evergrande's chairman, Hui Ka Yan, has been listed for sale amidst the liquidation process.
- Evergrande, known as the world's most indebted property developer, faced a default on its offshore debt at the end of 2021.
- The estate is located in an exclusive residential enclave on the Peak in Hong Kong, offering stunning views of the skyline.
- While Evergrande's assets in Hong Kong have been either seized or liquidated following the default, Chairman Hui Ka Yan's personal assets are expected to remain separate from the liquidation process.
Country Garden Appoints Legal Adviser, Urges Creditor Patience: Distressed Chinese property developer Country Garden Holdings Co. said it has engaged Linklaters ...
bloomberg.com/news/articles/2024-04-07/country-garden-appoints-legal-adviser-urges-creditor-patience
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China ready to let some troubled property firms go bust: housing minister: Beijing will strive to
scmp.com/news/china/article/3254809/china-ready-let-some-troubled-property-firms-go-bust-housing-minister
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Xi's power: Keepers of secrets live dangerously in China: Minister of Justice is a high-risk job in China, and the third former incumbent is currently under ...
faz.net/aktuell/politik/ausland/china-ermittlungen-gegen-dritten-ehemaligen-justizminister-19633928.html
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China Evergrande's liquidators prepare to sue PwC over audits, FT reports: The liquidators of property developer China Evergrande are preparing for a potential ...
reuters.com/legal/china-evergrandes-liquidators-prepare-sue-pwc-over-audits-ft-reports-2024-02-17/
Quick Glance: Everton climbs out of relegation zone after draw
- Amadou Onana's goal secures Everton a draw against Crystal Palace.
- The draw lifts Everton out of the Premier League relegation zone.
- Jordan Ayew leads Palace in the second half post Roy Hodgson's resignation.
- Palace is five points clear of relegation, with Everton and Luton tied in points.
A 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on China: From afar, China Evergrande Group had all the makings of a killer distressed-debt trade: $19 ...
trib.al/MuRnetn
Exclusive: Deutsche Bank to file liquidation suit against Chinese developer Shimao, sources say
reuters.com/business/deutsche-bank-file-liquidation-suit-against-chinese-developer-shimao-sources-say-2024-03-01/
China’s got a fixable lost-in-translation problem: As Xi Jinping’s regulators tighten their grip on quantitative trading, they are inadvertently giving global ...
asiatimes.com/2024/03/chinas-got-a-fixable-lost-in-translation-problem/
China Evergrande Receives Winding-Up Order in Symbol of Property Crisis: China Evergrande Group was ordered to be liquidated by a Hong Kong court ...
bloomberg.com/news/articles/2024-01-29/china-evergrande-receives-winding-up-order-from-hong-kong-court
Quick Glance: China Evergrande Faces Liquidation Amid Property Turmoil
- A Hong Kong court ordered the liquidation of China Evergrande Group, marking a legal turning point for the heavily indebted property developer.
- The wind-up process could result in a change in management and the resolution of some issues, Judge Linda Chan stated on Monday morning at the city's High Court.
Andrew Left, Banned for Evergrande Warning, Now Wants an Apology: US short-seller Andrew Left wants an apology from Hong Kong’s market regulator — and a refund.
bloomberg.com/news/articles/2024-03-26/andrew-left-banned-for-evergrande-warning-now-wants-an-apology
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China’s Real Estate Crisis Plan Continues to Baffle. What to Know.: Smaller, more targeted government intervention in the property sector offers little guidance ...
barrons.com/articles/chinas-real-estate-crisis-plan-continues-to-baffle-what-to-know-07f430d6
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China Evergrande's liquidators prepare to sue PwC over audits, FT reports: The liquidators of property developer China Evergrande are preparing for a potential ...
reuters.com/legal/china-evergrandes-liquidators-prepare-sue-pwc-over-audits-ft-reports-2024-02-17/
China's housing market shows signs of stabilisation as policy support intensifies
wionews.com/business-economy/chinas-housing-market-shows-signs-of-stabilisation-as-policy-support-intensifies-700324
Uneven path to finish Evergrande's abandoned housing in Chinese city: In the heart of the northern Chinese city of Shijiazhuang, a fence displaying the slogan ...
reuters.com/business/uneven-path-finish-evergrandes-abandoned-housing-chinese-city-2024-02-02/
Reuters Daily Briefing: January 29, 2024
- The killing of three US troops piles political pressure on Biden
- The Pope says Africans are a 'special case' when ...
reut.rs/42gBBLi
The rise of the TikTok news anchor : A horde of pocket Cronkites will read the papers and tell you, like, what they say
economist.com/united-states/2024/01/25/the-rise-of-the-tiktok-news-anchor
Embattled China Evergrande ordered to liquidate by Hong Kong court: A Hong Kong court on Monday ordered the liquidation of China Evergrande Group ...
reut.rs/3Ues31z
Investors may be getting the Federal Reserve wrong, again : Why expectations of imminent interest-rate cuts could be misplaced
economist.com/finance-and-economics/2024/01/24/investors-may-be-getting-the-federal-reserve-wrong-again
Quick Glance: Inflation Slows, Economy in Focus
- Prices rose just 0.2% in December, in line with pre-pandemic levels and barely above the Fed’s 2% target.
- Core prices rose just 0.2% in December from the previous month and 2.9% from a year earlier - the smallest increase since March 2021.
- Data suggests the economy is achieving a 'soft landing,' with inflation returning to the Fed’s target without a recession.
- Over the past six months, prices are up just 1.9%, actually below the Fed’s 2% target.
The right way to stabilize China stock markets: China’s latest effort to signal officials are serious about stabilizing slumping equities already seems to be ...
asiatimes.com/2024/02/the-right-way-to-stabilize-china-stock-markets/
Evergrande case could test China-Hong Kong insolvency arrangement: HONG KONG -- A Hong Kong court will consider a winding-up petition for the Chinese property ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Evergrande-case-could-test-China-Hong-Kong-insolvency-arrangement
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Crude oil edges lower on China worries as tensions fester in West Asia: Brent crude futures dipped 23 cents to $83.32 a barrel by 0937 GMT while U.S ...
business-standard.com/markets/commodities/crude-oil-edges-lower-on-china-worries-as-tensions-fester-in-west-asia-124012900476_1.html
Hong Kong court orders liquidation of China's Evergrande - News | Khaleej Times: High Court judge is expected to hand down her detailed reasons for the order and ...
khaleejtimes.com/business/markets/hong-kong-court-orders-liquidation-of-chinas-evergrande
Quick Glance: Evergrande: Pressure Mounts on Chinese Real Estate Giant
- Significant drop in Evergrande shares in Hong Kong following announcement.
- New agreement between China's Supreme Court and Hong Kong's Department of Justice takes effect.
- Investor Top Shine Global files lawsuit against Evergrande for failing to honor share buyback agreement.
- Majority of Evergrande's debt owed to mainland China lenders with limited legal recourse.
China's vice premier urges more support for listed firms amid market rout: Chinese Vice Premier He Lifeng on Monday called for greater support for listed ...
reuters.com/world/china/chinas-vice-premier-urges-more-support-listed-firms-amid-market-rout-2024-01-29/
One of the World’s Most Expensive Luxury Property Markets Is Becoming a Lot Cheaper
wsj.com/real-estate/one-of-the-worlds-most-expensive-luxury-property-markets-is-becoming-a-lot-cheaper-1529c5bb
Evergrande: Bond Traders Learned a Twisted Lesson From Its Fall: Investors are penalizing China Inc. while clamoring for notes issued elsewhere in Asia ...
bloomberg.com/opinion/articles/2024-02-01/evergrande-bond-traders-learned-a-twisted-lesson-from-its-fall
Restructuring specialists boost Hong Kong staff as China property crisis stokes demand
reuters.com/world/china/restructuring-specialists-boost-hong-kong-staff-china-property-crisis-stokes-2024-02-26/
Evergrande back in court, Marcos in Vietnam, Myanmar takeover anniversary: Welcome to Your Week in Asia.A Hong Kong court will consider a winding-up petition for ...
asia.nikkei.com/Spotlight/Your-Week-in-Asia/Evergrande-back-in-court-Marcos-in-Vietnam-Myanmar-takeover-anniversary
Morning Bid: Forget China's overbuilding fallout - it's jobs, jobs and Fed: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-2024-01-29/
China Mortgage Stimulus Does Little to Boost Alibaba, Other Stocks. It’s a Worry.
barrons.com/articles/alibaba-stock-china-stimulus-e87d547f
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China Builder Logan Faces Renewed Liquidation Risk in Hearing: Chinese builder Logan Group Co.’s representatives will appear at a Hong Kong court hearing Friday ...
bloomberg.com/news/articles/2024-02-15/china-builder-logan-faces-renewed-liquidation-risk-in-hearing
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China Used to Be the World’s Best Growth Story. Now It’s a Value Play.: Consumer confidence has plummeted, Beijing is focused on security and stability ...
barrons.com/articles/china-stock-market-value-growth-economy-91580433
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China’s Property Crisis Is Causing Pain for Many. ‘All We Can Do Is Wait.’: There’s widespread anger over unfinished homes and insufficient action by policy ...
barrons.com/articles/chinas-property-crisis-is-causing-pain-for-many-318efe30
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Five Things You Need to Know to Start Your Day: Asia: Good morning. The Chinese equity whipsaw pauses before the Lunar New Year. The S&P 500 hovers near the ...
bloomberg.com/news/newsletters/2024-02-08/five-things-you-need-to-know-to-start-your-day-asia
Bloomberg Evening Briefing: Supreme Court Skeptical of Trump Ballot Challenge: Get caught up.
bloomberg.com/news/newsletters/2024-02-08/bloomberg-evening-briefing-supreme-court-skeptical-of-trump-ballot-challenge
Australia News Today: Woodside Talks, PNG Leader: Good morning, it’s Amy here in Melbourne. We’re gearing up for RBA Governor Michele Bullock’s appearance before ...
bloomberg.com/news/newsletters/2024-02-08/australia-news-today-woodside-talks-png-leader
China’s Stocks Have Fallen for Three Years. Are They Finally Ready to Rally?: The country reportedly is preparing a $280 billion fund to prop up shares ...
barrons.com/articles/chinas-stocks-evergrande-crisis-d615ad97
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IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot
cnbc.com/2024/01/31/imf-ups-emerging-asia-growth-forecast-warns-of-china-property-risks-but-says-india-is-a-bright-spot-.html
Quick Glance: China's Economic Plenum Delay Raises Concerns
- Beijing's reluctance to boost economic growth and absence of clear reform directives worry experts and foreign business groups.
- Subdued economic recovery and mixed policy signals weigh on investment and confidence.
- National security and party unity take precedence, while other issues rank lower.
- Mixed government messaging contributes to uncertainty, eroding confidence in the market.
Investing in emerging markets: The China drama in the portfolio: The stock markets are reaching new records, only in China have prices been falling for years ...
faz.net/aktuell/finanzen/finanzmarkt/schwellenlaender-aktien-das-china-drama-im-depot-19492149.html
Stock Market Today: Dow, S&P Live Updates for January 30: Most Asian stocks and bonds were poised for gains on Tuesday after Wall Street was buoyed by the ...
bloomberg.com/news/articles/2024-01-29/stock-market-today-dow-s-p-live-updates
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Oil Updates – crude inches up on Middle East concerns; China worries limit gains: SINGAPORE: Oil prices gained on Tuesday following a more than 1 percent drop ...
arabnews.com/node/2450621/business-economy
Exclusive: LME targets Hong Kong as option for warehouse expansion: The London Metal Exchange (LME) is studying Hong Kong as a location to expand its global ...
reuters.com/markets/commodities/lme-targets-hong-kong-option-warehouse-expansion-2024-01-30/
Evergrande Ordered Into Liquidation. It’s a Landmark Moment for Chinese Property.
barrons.com/articles/evergrande-china-liquidation-property-00e1406c
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Higher global demand to boost Malaysia's semiconductor exports: KUALA LUMPUR: Malaysia’s semiconductor export is set to reap the benefits from higher global ...
thestar.com.my/business/business-news/2024/01/30/higher-global-demand-to-boost-malaysia039s-semiconductor-exports
Stocks in Asia slip as China property sector worries weigh - Markets - The Jakarta Post
thejakartapost.com/business/2024/01/30/stocks-in-asia-slip-as-china-property-sector-worries-weigh.html
Boeing, Evergrande, SoFi, Microsoft, Apple, and More Stock Market Movers: Alaska Air and United Airlines resume flying Boeing 737 MAX 9 jets, Chinese property ...
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