China Property Debt

Key Evergrande Unit Misses $547m Bond Dues as Crisis Worsens

The developer's already battered Hong Kong-listed shares slipped more than 8% on Tuesday, taking the stock's losses to more than…

2 months ago

Evergrande Debt Revamp Hitch Deepens Property Meltdown Fears

The world's most indebted property developer said a regulatory probe into its main domestic subsidiary, Hengda, had halted the debt…

3 months ago

China’s 1.4bn People Couldn’t Fill Empty Homes: Ex-Official

A former statistics bureau chief has gone public with his negative view of the country’s crisis-hit property sector

3 months ago

Moody’s Sounds Alarm For China’s Troubled Property Sector

The ratings agency fears Beijing’s support measures won’t be enough to turn around the fortunes of the country’s real estate…

3 months ago

Five Big Chinese Cities Lift Home Buying Curbs to Aid Developers

The announcements come on the heels of a series of nationwide support measures announced by Beijing for the property sector

3 months ago

Evergrande First-Half Net Loss Halved Ahead of Trade Resumption

On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock

3 months ago

China Moves to Boost Affordable Housing, Home Loans Amid Crisis

The country's central bank also said it would stick to the principle that houses are for living in and not…

4 months ago

Unpaid Workers, Halted Projects Add to Country Garden’s Woes

Workers at dorms on two Country Garden sites in Tianjin, a port city of 14 million people about 135 km…

4 months ago

The Pledge That Brought Country Garden to the Brink of Default

Country Garden, facing $192 billion worth of debt, is saddled with nearly 1 million unfinished homes in 3,121 projects spread…

4 months ago

Hedge Funds Dump China Stocks Over Property, US Tech War Worry

Recent net selling of Chinese equities was the largest over any 10-day period since October 2022 and one of the…

4 months ago

China’s $13tn Provincial Debt Crisis Threatens to Spill Over

With its regional governments facing unprecedented debt woes, economists say Beijing has realised it needs to urgently throw cash at…

4 months ago

Country Garden Shares Hit Record Low on $194bn Debt Uncertainty

Reports that China's third biggest developer is considering a debt restructuring, coupled with a warning that it might report up…

4 months ago