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Published on Dec 1, 2023

Executives Keep Disappearing in China’s Slow-Motion Real Estate Meltdown

Two more Chinese business executives have suddenly become unreachable as the nation's real estate crisis continues pushing some of its largest companies into insolvency. An educational firm listed on the Shenzhen Stock Exchange, Dalian My Gym Education …

Source: The Messenger - Florida - Label Pending
Published on Dec 1, 2023

Green Giant (NASDAQ: GGE) stock down 89% - China real estate collapse

Green Giant (NASDAQ: GGE) stock is down 89% on yesterday. That’s, obviously, a pretty big fall. What makes it more of a problem is that there’s no specific news to explain this. No corporate releases to the stock market for example. Nothing in the usual …

Source: Dhaka Tribune - Center-left
Published on Dec 3, 2023

World News | Chinese Developer Evergrande Risking Liquidation if Creditors Veto Its Plan for Handling Huge Debts

Hong Kong, Dec 3 (AP) A Hong Kong court will convene a hearing on Monday on troubled Chinese property developer Evergrande's plans for restructuring its more than USD 300 billion in debts and staving off liquidation. The company, the world's most …

Source: Latestly - Uncategorized
Published on Dec 3, 2023

Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts

HONG KONG (AP) — A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande’s plans for restructuring its more than $300 billion in debts and staving off liquidation. The company, the world’s most indebted property …

Source: KRQE - New Mexico - Uncategorized
Published on Dec 1, 2023

China’s Global Influence Faces Powerful Limits – None From Washington

Russian President Vladimir Putin speaks to China's President Xi Jinping during a recent summit. ... [+] (Photo by Sergei BOBYLYOV / SPUTNIK / AFP) (Photo by SERGEI BOBYLYOV/SPUTNIK/AFP via Getty Images)SPUTNIK/AFP via Getty Images …

Source: Forbes - Neutral
Published on Dec 1, 2023

The Chinese Economy Today and the Specter of a Property Crisis

“The problem is serious.” And when it’s the head economist at the International Monetary Fund who says so, eyebrows are indeed raised. The comments made by Pierre-Olivier Gourinchas in early October at an IMF meeting in Morocco underscored the gravity of …

Source: Hospitality Net - Label Pending
Published on Nov 30, 2023

Can China’s banks rescue the property market?

China’s real-estate sector has been in turmoil since the momentous default of property developer Evergrande in 2021, which left behind a staggering Rmb2.4 trillion hole. The situation worsened in the second half of this year, with default risks spreading …

Source: Euromoney - Neutral
Published on Nov 30, 2023

Dry Bulk Market: China’s Support of the Economy Is Adding Momentum in the Shipping Market as Well

The dry bulk market has risen to its highest level in 18 months, with many market delegates stating that China’s efforts to rejuvenate the country’s economy and more specifically its real estate sector, is providing an important boost to the dry bulk …

Source: Hellenic Shipping News - Neutral
Published on Nov 30, 2023

China Evergrande Chases Last-Gasp Debt Deal as Deadline Looms

China Evergrande Group, the world’s most indebted property developer, is desperately working to secure a last-minute debt restructuring deal to avert a potentially imminent liquidation. The defaulted company has until a Hong Kong court hearing on Monday …

Source: Asia Financial - Neutral
Published on Nov 30, 2023

China edges towards a big bail-out

Chinese buses are idling. Statements released by a handful of transport companies complain of deteriorating economic conditions and a lack of financial support. In October two in the city of Nanchong, in south-west China, said that they would halt services …

Source: The Economist - Neutral
Published on Nov 30, 2023

China Evergrande seeks to avoid liquidation with last-ditch debt plan-sources

HONG KONG, Nov 30 — China Evergrande Group, the world’s most indebted property developer, is seeking to avert a potentially imminent liquidation with a last-minute debt restructuring proposal, three people with direct knowledge of the matter said. The …

Source: Malay Mail - Neutral
Published on Nov 30, 2023

Exclusive: China Evergrande seeks to avoid liquidation with last-ditch debt plan-sources

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Acquire Licensing Rights HONG KONG, Nov 30 (Reuters) - China Evergrande Group (3333.HK), …

Source: Reuters - Neutral
Published on Dec 4, 2023

Evergrande shares rise as court hearing to wind up property firm is postponed again

NANJING, CHINA - AUGUST 18, 2023 - Aerial photo shows a residential area of Evergrande in Nanjing, East China's Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Getty Images Evergrande Group on Monday rejected a report …

Source: CNBC - Neutral
Published on Nov 30, 2023

Why investors betting against China’s economy should learn from 2023

Those expectations were dashed as early as May when it became clear the recovery had faltered, mainly because of the severity of the crisis in the all-important property sector. Excessive optimism quickly gave way to an abundance of pessimism. This proved …

Source: South China Morning Post - Uncategorized
Published on Dec 4, 2023

What we know about Evergrande's financial future

Evergrande was once China's biggest real estate firm. Photo: STR / AFP/File Source: AFP A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a restructuring plan, offering the embattled …

Source: Briefly - Neutral
Published on Dec 4, 2023

Hang Seng Poised To Reclaim Friday's Losses

The Hong Kong stock market headed south again on Friday, one day after ending the four-day losing streak in which it had tumbled more than 910 points or 5.3 percent. The Hang Seng Index now sits just above the 16,830-point plateau although it's likely …

Source: RTTNews - Neutral
Published on Nov 21, 2023

China pushes state banks to accelerate funding for private property developers

Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest -- delivered directly to your inbox. Chinese authorities are putting pressure on state banks to accelerate lending to private property developers, as they …

Source: The Financial Times - Neutral
Published on Dec 1, 2023

Markets pin hopes on soft landing, with one eye on recession risk

A stellar rally in equities and bonds suggests market confidence is high for the world economy to reach a soft landing after a run of aggressive interest rate hikes. Yet labour markets are softening, the euro zone faces recession and China's property …

Source: Channel News Asia - Public Broadcaster
Published on Dec 1, 2023

Dalian iron ore futures rise

SINGAPORE: Dalian iron ore futures snapped a five-day decline on Thursday, reflecting market participants’ optimism over Beijing’s efforts to revitalise the property sector. The most-traded January iron ore on China’s Dalian Commodity Exchange rose 0.1% to …

Source: Business Recorder - Neutral

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Published on December 5, 2023 - 14:45 GMT

La Rosa Implements Final Offer to Deliver Transparency in Real Estate Transactions

Celebration, FL, Dec. 05, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, and Final Offer, a …

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Published on December 5, 2023 - 16:15 GMT

BridgeCore Capital Announces New Middle Market Commercial Real Estate Loan Program, As Alternative to Traditional LifeCo ...

BEVERLY HILLS, CA, Dec. 05, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – BridgeCore Capital, Inc. today announced the launch of its new middle market commercial real estate loan program, as an alternative financing product to traditional LifeCo funding. …

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Published on December 5, 2023 - 15:15 GMT

Quebec’s Premier Real Estate Portfolio Finds its Home Under Avenir Properties, a New Umbrella Brand

MONTREAL, CANADA, December 5, 2023 /⁨EINPresswire.com⁩/ -- Montreal Mini-Storage's parent company proudly announced the creation of Avenir Properties, a newly established brand designed to represent its extensive portfolio of companies. With …

Distribution channels: Real Estate & Property Management ...
Published on December 5, 2023 - 13:00 GMT

La Rosa Implements Final Offer to Deliver Transparency in Real Estate Transactions

CELEBRATION, FLORIDA, UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on December 4, 2023 - 17:00 GMT

Chris Pollinger to Keynote at Cannes Luxury Real Estate Symposium

Chris Pollinger to headline Cannes International Luxury Real Estate Symposium, offering advanced tactics for navigating the upcoming luxury real estate market. FL, USA, December 4, 2023 /⁨EINPresswire.com⁩/ -- As the luxury real estate market …

Distribution channels: Business & Economy, Real Estate & Property Management ...
Published on December 4, 2023 - 13:51 GMT

Realty One Group Welcome Home Partners with Final Offer to Elevate Real Estate Transparency in Mason City and Clear Lake

Final Offer Transforms Real Estate Transactions by Empowering Consumers and Agents. MASON CITY, IOWA, UNITED STATES, December 4, 2023 /⁨EINPresswire.com⁩/ -- Realty One Group Welcome Home, a leading real estate brokerage serving Mason City and …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2023 - 14:00 GMT

Gailey Enterprises Real Estate Celebrated as 2023 Best of Florida Regional Winners: Turning Houses into Homes

OCALA, FLORIDA, UNITED STATES, December 4, 2023 /⁨EINPresswire.com⁩/ -- Recognizing the paragons of industry excellence, Gailey Enterprises shines as the recently crowned "Best of Florida Regional Winner" in the realm of real estate. This …

Distribution channels: Business & Economy, Companies ...
Published on December 5, 2023 - 13:00 GMT

Whitestone REIT Declares First Quarter 2024 Dividend

HOUSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...

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Published on December 5, 2023 - 17:14 GMT

Ideal Homes Portugal Launches Property Investment Event in Florida

WEST PALM BEACH, FLA., UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- The Ideal Homes Portugal team has landed in the USA to offer a wealth of expert advice on international real estate investment with face-to-face meetings in Florida. …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on December 5, 2023 - 16:34 GMT

GBI Announces Class of 2023 Green Globes and Guiding Principles Compliance Fellows

PORTLAND, OREGON, UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- The Green Building Initiative (GBI) celebrates the recognition of seven individuals with distinctions of Green Globes Fellow (GGF) and Guiding Principles Compliance Fellow ( …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 5, 2023 - 16:23 GMT

Place to watch the Great American Eclipse in Texas April 2024

One of the ideal place to watch the Great American Eclipse in Texas April 2024 is in Fredericksburg Texas. FREDERICKSBURG, TX, UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- A significant celestial event is on the horizon as the total …

Distribution channels: Culture, Society & Lifestyle, Environment ...
Published on December 5, 2023 - 15:55 GMT

Embassy Healthcare Announces Grand Opening of Regent of Newport News, A New Luxury Assisted Living Community

NEWPORT NEWS, VIRGINIA, USA, December 5, 2023 /⁨EINPresswire.com⁩/ -- Embassy Healthcare is thrilled to announce the grand opening of its newest assisted living community, Regent of Newport News, located at 741 Thimble Shoals Blvd, Newport News, VA …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on December 5, 2023 - 15:15 GMT

Quebec’s Premier Real Estate Portfolio Finds its Home Under Avenir Properties, a New Umbrella Brand

MONTREAL, CANADA, December 5, 2023 /⁨EINPresswire.com⁩/ -- Montreal Mini-Storage's parent company proudly announced the creation of Avenir Properties, a newly established brand designed to represent its extensive portfolio of companies. With …

Distribution channels: Real Estate & Property Management ...
Published on December 5, 2023 - 14:59 GMT

City-Approved Leaf Burrito® Available in Lowe’s Home Improvement Stores in Asheville, North Carolina

Leaf Burrito®, a reusable solution for yard waste collection, is available for purchase at Lowe’s Home Improvement Stores in Asheville, North Carolina. ASHEVILLE, NORTH CAROLINA, USA, December 5, 2023 /⁨EINPresswire.com⁩/ -- Leaf Burrito® The Year …

Distribution channels: Agriculture, Farming & Forestry Industry, Environment ...
Published on December 5, 2023 - 14:00 GMT

The Fridman Group International Expands Operations to Texas, Welcoming Nadia Black, Walker Freeman, Jeremy Harris, and ...

AUSTIN, TX, UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- The Fridman Group International, a distinguished name in the real estate industry, proudly announces its expansion to Texas, beginning with Austin and Dallas offices. The initial …

Distribution channels: Real Estate & Property Management ...
Published on December 5, 2023 - 13:00 GMT

1836 Property Management’s Positive Company Culture Has a Direct Impact on Long-Term Business Success

1836 Property Management's 20% year-over-year growth is driven by a positive culture that values respect and collaboration, earning awards and client success. AUSTIN, TEXAS, UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- There are …

Distribution channels: Real Estate & Property Management ...
Published on December 5, 2023 - 13:00 GMT

La Rosa Implements Final Offer to Deliver Transparency in Real Estate Transactions

CELEBRATION, FLORIDA, UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 5, 2023 - 10:09 GMT

Navia Robotics Unveils Vacuum 50: The First 3D LiDAR-Based Robotic Vacuum

Navia Robotics, a leader in innovative automation solutions, proudly announces the launch of Vacuum 50, a state-of-the-art 3D LiDAR-based robotic vacuum cleaner LOS ANGELES, CA, US, December 5, 2023 /⁨EINPresswire.com⁩/ -- Navia Robotics Vacuum 50 …

Distribution channels: Education, Food & Beverage Industry ...
Published on December 5, 2023 - 09:00 GMT

Reapit and PayProp join forces, backed by Accel-KKR investment

FORT LAUDERDALE, FLORIDA, UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- Reapit and PayProp, two leading property technology solution providers, today announced that they are joining forces to deliver greater value and innovation to real …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 5, 2023 - 08:00 GMT

Ventiques Says Vents Cleaning is Must and Shares Proven Maintenance Tips

MINNESOTA, UNITED STATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- Ventiques mentions in the latest reports that the vents cleaning is one of the most important things to consider to get the most out of the vents. In the latest reports, Ventiques …

Distribution channels: Building & Construction Industry, Consumer Goods ...
Published on December 5, 2023 - 08:00 GMT

A Look Into If Investors Need ‘Checkbook Control’ in a Self-Directed IRA

Should an investor seek out ‘Checkbook Control’ in a Self-Directed IRA, and if so, why should they? American IRA recently weighed in. ASHEVILLE, NC, US, December 5, 2023 /⁨EINPresswire.com⁩/ -- Asheville, NC—“Checkbook control” is often a hot …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 5, 2023 - 16:15 GMT

BridgeCore Capital Announces New Middle Market Commercial Real Estate Loan Program, As Alternative to Traditional LifeCo ...

BEVERLY HILLS, CA, Dec. 05, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – BridgeCore Capital, Inc. today announced the launch of its new middle market commercial real estate loan program, as an alternative financing product to traditional LifeCo funding. …

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Published on December 5, 2023 - 14:45 GMT

La Rosa Implements Final Offer to Deliver Transparency in Real Estate Transactions

Celebration, FL, Dec. 05, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, and Final Offer, a …

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Published on December 5, 2023 - 14:00 GMT

University of Manchester Taps Matterport Digital Twins to Transform Onboarding for Students in the Martin Harris Centre ...

SUNNYVALE, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced the University of Manchester implemented Matterport’s Digital Twin Platform for the renowned Martin Harris Centre for Music and Drama (MHC) to revolutionize the …

Distribution channels: Companies, Media, Advertising & PR ...
Published on December 5, 2023 - 02:00 GMT

Live Better Creatives Recognised for Excellence in Global Expansion with Prestigious EMDG Award

Austrade awards Live Better Creatives the Export Market Development Grant, accelerating the firm's global expansion and outreach. SYDNEY, AUSTRALIA, December 5, 2023 /⁨EINPresswire.com⁩/ -- Following the recent expansion into Indonesia, Live …

Distribution channels: Environment, Media, Advertising & PR ...
Published on December 5, 2023 - 13:35 GMT

Community Redevelopment Inc. Formally Launches Joint Venture with Black Veterans Empowerment Council Inc.

EWING, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- via IBN – Community Redevelopment Inc. (OTC: CRDV), a public company dedicated to designing, building and developing neighborhoods for traditionally underinvested communities, recently executed an affiliation …

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Published on December 5, 2023 - 13:00 GMT

Whitestone REIT Declares First Quarter 2024 Dividend

HOUSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...
Published on December 5, 2023 - 11:00 GMT

Macerich Completes $710 Million Refinancing of Tysons Corner Center

SANTA MONICA, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of major retail and mixed-use properties in top markets, today announced that Macerich’s joint venture that owns …

Distribution channels: Banking, Finance & Investment Industry, Real Estate & Property Management ...