China Property Debt

No Cheer for Evergrande’s Long-Awaited Dollar Debt Revamp Plan

The debt restructuring plan has not proven popular with Evergrande dollar bondholders, with one likening it to lending a bucket…

1 day ago

Key China Evergrande Creditor Agrees to Debt Restructure Plan

The restructuring, worth $22.7 billion, is just part of Evergrande‘s total liabilities that amount to more than $300 billion

4 days ago

China Home Sales Decline Slows, Boosting Turnaround Hopes

Home sales by floor area in January-February dropped 3.6% from a year earlier, compared with a 24% decline for the…

1 week ago

Evergrande Races Court Deadline on Debt Restructuring Progress

Bondholders have also been pushing Evergrande Chairman Hui Ka Yan to put in more of his own money to repay…

2 weeks ago

Hong Kong Home Prices Slump 15% in First Fall For 13 Years

Home prices in the territory dropped in 2022 with December seeing the seventh consecutive monthly decline

2 months ago

China Home Prices Slump Again, Plea For More Policy Support

Prices in December declined 0.2% month-on-month, the fifth consecutive monthly fall and at the same pace as in November

2 months ago

China Property Firms Hope to Build on 33% Financing Jump

Increased state support saw the country’s real estate developers raise $19.9bn last month – but fundraising still dropped 38% over…

2 months ago

China Property Stocks Rally on More State Support Pledges

The Hang Seng Mainland Properties Index firmed in mid-afternoon trade, after earlier jumping close to 4%

3 months ago

Sale of China Evergrande’s Hong Kong Head Office Fails Again

The world's most indebted property developer has been struggling to repay its many creditors, making this a 'crucial year' for…

3 months ago

China Home Prices Continue to Slide as Sector Slump Deepens

Property prices in 100 Chinese cities fell for the sixth month in a row in December, a private real estate…

3 months ago

Evergrande’s Services Unit Stake Falls After Forced Selling

The services unit’s pledged shares were last enforced a year ago, when the group's ownership was reduced from 60.96%

3 months ago

China Evergrande HQ Land up For Sale at $1 Billion

Construction at the site has been halted since September 2021, with Evergrande facing more than $300 billion in liabilities

4 months ago