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A service for Realtors · Monday, October 2, 2023 · 659,034,208 Articles · 3+ Million Readers
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  • Published on Sep 30, 2023

    Quant Jason Hsu’s Take on China’s Real Estate Crisis: Q&A

    (Bloomberg) -- The troubles facing highly indebted property developers in China have dominated conversations about the Asian nation’s economy and markets this year. Yet according to Rayliant Global Advisors’ Jason Hsu, there’s an important distinction …

    Source: BNN Bloomberg - Neutral
  • Published on Oct 1, 2023

    Risks China Faces Now That Its Minsky Moment Has Begun

    WUHAN, CHINA - SEPTEMBER 24: (CHINA OUT) A general view of the Evergrande changqing community on ... [+] September 24, 2021 in Wuhan, Hubei Province, China. In 2015, Evergrande real estate acquired four super large projects in Haikou, Wuhan and Huizhou, …

    Source: Forbes - Neutral
  • Published on Oct 1, 2023

    Mainland China Bourses Close For National Day Holidays Until Oct. 9 Amid Tough Year

    U.S.-traded shares in Chinese e-commerce heavyweight JD.com have lost nearly half of their value so ... [+] far this year. (Photo by Smith Collection/Gado/Getty Images)Getty Images Stock exchanges in mainland China will be closed until Monday, Oct. …

    Source: Forbes - Neutral
  • Published on Oct 1, 2023

    'Evergrande isn't the only Chinese property developer to end up in hell'

    The Cantonese call him Hui Ka Yan, Beijingers Xu Jiayin, his Mandarin name. He was born in a small village in Henan, central China. His father, a veteran of the war against the Japanese, sold wood there. A good student, he became an engineer and joined …

    Source: Le Monde - Center-left
  • Published on Oct 1, 2023

    China Home Sales Saw Mild Recovery in September Amid Policy Push

    (Bloomberg) -- China’s home sales moderated their decline in September, following stepped-up efforts from Beijing to support the housing sector. The value of new home sales among the 100 biggest real estate companies fell 29.2% from a year earlier to 404 …

    Source: BNN Bloomberg - Neutral
  • Published on Sep 30, 2023

    China’s Real Estate Giant Evergrande Backing out of Stock Exchanges

    The Hong Kong Stock Exchange posted a notice on Thursday that trading had been suspended for shares of China Evergrande Group, the gigantic and dangerously indebted property developer whose potential collapse is being watched nervously by economists …

    Source: Breitbart - Right-wing
  • Published on Sep 30, 2023

    China Evergrande’s Problems Are Only Getting Worse

    For months, the unwinding of China Evergrande, the world's most indebted property developer, played out like a slow-moving train crash. After filing for bankruptcy protection last month — nearly two years after the company defaulted on payments to some …

    Source: The New York Times - Neutral
  • Published on Sep 30, 2023

    AI will help the US maintain its economic dominance over China, strategists say

    Artificial intelligence will give the US economy a massive boost, according to a new report. No country is better positioned to benefit from the technology's rise, Capital Economics said. China's tech crackdown means it'll be left behind, its …

    Source: Business Insider - Neutral
  • Published on Sep 28, 2023

    Real estate crisis: China suspends trading in Evergrande shares

    2 Evergrande real estate project in China. The company got into trouble and became a symbol of China‘s economic crisis. Costfoto/NurPhoto via Getty Images China has suspended trading in the shares of Evergrande Group, one of the largest real estate …

    Source: Breaking Latest News - Uncategorized
  • Published on Sep 30, 2023

    China stock investors say worst yet to come in property crisis

    That’s the view from nine of 15 respondents in an informal Bloomberg News survey of analysts and money managers based in Hong Kong and mainland China. Six of them listed housing woes as the biggest risk for equities for the final quarter of 2023. …

    Source: Livemint - Neutral
  • Published on Sep 29, 2023

    Short changed: Can China pay the bills?

    Amid reports and rumors of starving zoo animals and retirees not being paid their pensions, the chair of financially distressed China Evergrande Group, the world’s most indebted property developer, is now under “residential surveillance.” Call it house …

    Source: Radio Free Asia - Neutral
  • Published on Sep 28, 2023

    Evergrande's woes will hurt China's recovery

    China has spent nine months trying to kickstart the world's second-largest economy after three years of strict COVID lockdowns.  Despite targeted stimulus measures to boost exports and domestic consumption, growth has not yet returned to pre-pandemic …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Sep 29, 2023

    Anxious Chinese home buyers reel from Evergrande crisis

    HONG KONG — "When I think about it, I cry," says Mrs Guo about the home she had bought. "It's hard, and I feel sorry for my son and myself." In 2021, just months before the Chinese property giant Evergrande showed the first signs of …

    Source: Saudi Gazette - Uncategorized
  • Published on Sep 27, 2023

    Country Garden Faces Dollar, Ringgit Bond Interest Deadlines

    (Bloomberg) -- Embattled Chinese developer Country Garden Holdings Co. faces another round of debt deadlines Wednesday, including one for dollar bond interest. The builder, which has become the face of China’s broader property debt crisis, must pay a $40 …

    Source: BNN Bloomberg - Neutral
  • Published on Sep 28, 2023

    Chinese property giant Evergrande’s slow implosion nears crunch time

    Comment on this story Comment It’s been a terrible week in Chinese real estate giant Evergrande’s battle to shake its reputation as the Lehman Brothers of China’s struggling economy — a comparison it has been trying to avoid since 2021, when it defaulted …

    Source: The Washington Post - Neutral
  • Published on Sep 29, 2023

    Indebted China property giant Evergrande says boss suspected of crimes after suspending trading

    By Holmes Chan Heavily indebted property giant China Evergrande said Thursday its boss was suspected of “illegal crimes”, after trading of its shares was suspended earlier in the day. China Evergrande Centre in Admiralty. File photo: Wikicommons. The …

    Source: Hong Kong Free Press - Neutral
  • Published on Sep 28, 2023

    China Evergrande Suspends Trading as New Trouble Roils Property Market

    Just a few weeks ago, China Evergrande, the world’s most debt-saddled property developer, was writing its final chapter and working to resolve financial disputes with its creditors. Then a stream of bad news came and the pages were torn up. Staff at the …

    Source: The New York Times - Neutral
  • Published on Sep 28, 2023

    Evergrande halts share trading as woes mount for China’ property giant

    Embattled Chinese property giant Evergrande has suspended share trading on the Hong Kong stock exchange only a month after it resumed trading after a 17-month suspension. Trading in its two other units – the property services and electric vehicle groups – …

    Source: The Guardian - Center-left
  • Published on Sep 28, 2023

    Demoralised Xi Jinping escalates cartographic aggression: Need to contain the Chinese expansionist moves

    While the Chinese Communist Party (CCP) has been indulging in cartographic aggression since long, Xi Jinping converted it into a tool for China’s illegal expansion in its periphery. Soon after his taking over as the President of China, Xi Jinping …

    Source: The Times of India - Center-right
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