Evergrande

Business

Evergrande crisis locks Chinese developers out of global debt market

Chinese property developers’ issuance of dollar debt has come to a near standstill as the escalating Evergrande crisis severs other…

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Business

Private equity cuts back on China property as Evergrande hits stocks

Private equity groups are planning to cut their exposure to Chinese real estate as concerns mount over the health of…

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Business

Evergrande slides into default while some ratings agencies keep quiet

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING —…

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Business

Chinese markets slip after Fitch downgrades Evergrande to default

Chinese markets on Friday were lower after indebted developer Evergrande’s offshore bonds were downgraded to default, as mainland regulators sought…

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Business

Global crash warning as Evergrande defaults on debt: $300billion black hole cripples world

The developer has been struggling to meet loan commitments following a crackdown launched earlier this year by the Chinese government.…

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Business

Evergrande, Kaisa cut by Fitch to default after missed payment deadlines

HONG KONG / LONDON – Ratings agency Fitch downgraded property developers China Evergrande Group and Kaisa Group on Thursday,…

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Europe

Fitch downgrades China’s Evergrande, Kaisa after offshore debt default

Two Chinese real estate firms, Evergrande and Kaisa, have defaulted on foreign debt, prompting Fitch Ratings on Thursday to downgrade…

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Business

Evergrande chair resists asset fire sale as group teeters on default

China Evergrande chair Hui Ka Yan is resisting pressure to raise cash through rapid sales of the heavily indebted developer’s…

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Business

Global financial crash fears as a second Chinese developer faces default- next Evergrande?

Kaisa joins Evergrande in risking default after failing to meet an interest payment on its debt this week. In a…

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Business

Global financial crash fears after Chinese giant Evergrande miss another payment

The worry now is that the fall-out from the default may not be contained within China, which has for many…

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