Chinese tech companies are reeling from regulation. Nervous creditors are hoping for a bailout for China’s largest developer. Growing numbers of executives are going to jail. An entire industry is […]
China Evergrande Group
Trending topics and news from the China Evergrande Group category
Back to news homeChina Evergrande’s Shares Are Halted as Doubts Swirl
Shares of China Evergrande were halted on Hong Kong’s stock exchange on Monday as doubts swirled over whether the struggling property giant would be able to meet its immense financial […]
Evergrande’s Struggles Offer a Glimpse of China’s New Financial Future
HONG KONG — Xu Jiayin was China’s richest man, a symbol of the country’s economic rise who helped transform poverty-stricken villages into urbanized metropolises for the fledgling middle class. As […]
A Strange Voice on the Phone
Angela Merkel’s party comes up short in Germany. In yesterday’s election, the center-left Social Democratic Party led by Olaf Scholz won 1.6 percentage points more of the vote than Merkel’s […]
How China Plans to Avert an Evergrande Financial Crisis
“The government can place them under watch and pressure them through their employers or relatives not to make trouble,” said Minxin Pei, a professor of government at Claremont McKenna College […]
China Detains Top HNA Group Executives
Evergrande’s fate and what its failure could mean for China’s economy have divided some of the world’s best-known investors. The billionaire investor George Soros recently argued that an Evergrande collapse […]
China Evergrande Bond Payment Remains Uncertain
China Evergrande, the property giant whose financial troubles roiled global markets earlier this week, left investors in a state of uncertainty again on Thursday with the fate of an $83 […]
Who’s Buying Evergrande?
A look inside Robinhood during meme-stock maniaThe trading app Robinhood has grown explosively, gone public and, for good measure, is now getting into crypto wallets. But internal exchanges between company […]
Beyond Evergrande’s Troubles, a Slowing Chinese Economy
BEIJING — Global markets have watched anxiously as a huge and deeply indebted Chinese property company flirts with default, fearing that any collapse could ripple through the international financial system.China […]
Evergrande Crisis Shows Cracks in China’s Property Market
Angry home buyers are waiting on as many as 1.6 million apartments. Suppliers that sold cement, paint, rebar and copper pipes are owed more than $100 billion in payments. Employees […]