Evergrande Creditors Demand Controlling Stakes in New Proposal
A group of offshore creditors to China Evergrande Group is demanding controlling equity stakes of the property developer
2023-12-01 17:55
China’s Shattered Property Bond Market Finds Hope in Sunac Deal
For two hours on an early February morning, Sunac China Holdings Ltd. Chief Financial Officer Gao Xi delivered
2023-11-30 08:15
The Hong Kong Judge Who Puts Fear Into China’s Deadbeat Builders
In Courtroom No. 29, a gray, musty cubbyhole of a space wedged into the heart of Hong Kong’s
2023-11-28 08:18
China Investors Face Tens of Billions in Losses Over Zhongzhi
As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are
2023-11-27 15:18
China Opens Probes Into Embattled Shadow Banking Giant Zhongzhi
Chinese authorities said they opened criminal investigations into the money management business of embattled shadow banking giant Zhongzhi
2023-11-26 00:46
Xi Tolerance for Property Pain Nears Limit as Rescue Takes Shape
China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance
2023-11-24 09:56
Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
2023-11-23 12:26
China’s Property Risks ‘Manageable,’ PBOC Governor Says
China’s property sector risks are under control, central bank Governor Pan Gongsheng said, amid heightened concern over the
2023-11-10 17:49
Ping An Sold Country Garden Stake, Has No Plans for Takeover
Ping An Insurance (Group) Co. doesn’t hold any shares in Country Garden Holdings Co. and has no plans
2023-11-08 20:57
Evergrande Said to Have Proposed New Debt Plan, Reuters Says
China Evergrande Group has proposed a new debt restructuring plan for offshore bondholders, Reuters reported citing two people
2023-11-01 15:46
Evergrande Units to Be Key Part of Revised Debt Plan, Rep Says
China Evergrande Group will look to use shares of its subsidiaries as key components in any further debt-restructuring
2023-10-30 17:50
Sunac Wins Court Approval for Offshore Debt Restructuring
Sunac China Holdings Ltd. won court approval for its multibillion-dollar offshore debt restructuring plan, clearing the last key
2023-10-05 14:22