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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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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
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors
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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
China's economy grew 5.3% in the first quarter, beating expectations
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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
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
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
China's distressed property developer losses start to pile up
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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/
Global economy now has its own ‘Three-Body Problem’
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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
China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than ...
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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’s Country Garden faces sales slump as financial turmoil continues
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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 fines Evergrande for inflating revenue by $80bn
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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/
Hints of a yuan versus yen currency war
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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
PwC Denies Allegations in Anonymous Letter on Evergrande Work
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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/
Time for China to move past GDP growth targets
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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
Hong Kong Luxury Mansion Linked to Evergrande Founder Hui Ka Yan Put on ...
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.
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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
China ready to 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
Xi's power: Keepers of secrets live dangerously in China
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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/
Exclusive: Deutsche Bank to file liquidation suit against Chinese ...
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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’s got a fixable lost-in-translation problem
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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
Andrew Left, Banned for Evergrande Warning, Now Wants an Apology
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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 Evergrande's liquidators prepare to sue PwC over audits, FT reports
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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/
Uneven path to finish Evergrande's abandoned housing in Chinese city
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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
Embattled China Evergrande ordered to liquidate by Hong Kong court
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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/
The right way to stabilize China stock markets
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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
Evergrande case could test China-Hong Kong insolvency arrangement
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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
Hong Kong court orders liquidation of China's Evergrande - News | Khaleej ...
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.
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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/
China's vice premier urges more support for listed firms amid market rout
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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
Evergrande: Bond Traders Learned a Twisted Lesson From Its Fall
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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/
Restructuring specialists boost Hong Kong staff as China property crisis ...
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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
Evergrande back in court, Marcos in Vietnam, Myanmar takeover anniversary
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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/
Morning Bid: Forget China's overbuilding fallout - it's jobs, jobs and Fed
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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
China Used to Be the World’s Best Growth Story. Now It’s a Value Play.
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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
Five Things You Need to Know to Start Your Day: Asia
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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
Australia News Today: Woodside Talks, PNG Leader
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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
China’s Stocks Have Fallen for Three Years. Are They Finally Ready to ...
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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
IMF ups emerging Asia growth forecast, warns of China property risks but ...
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.
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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
Stock Market Today: Dow, S&P Live Updates for January 30
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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
Oil Updates – crude inches up on Middle East concerns; China worries limit ...
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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/
Exclusive: LME targets Hong Kong as option for warehouse expansion
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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
Higher global demand to boost Malaysia's semiconductor exports