China’s Largest Property Developer Evergrande Files for Bankruptcy in the US
China’s Evergrande Group, the world’s most heavily indebted property developer, has taken a significant step towards restructuring by seeking bankruptcy
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Evergrande
S&P Global: Evergrande Default ‘Is Highly Likely’ Despite Narrowly Making Debt Payments
Despite barely making several overdue coupon payments literally at the eleventh hour, Evergrande will still likely default on its surmounting
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Chinese Junk Bond Yields Soar to Decade-High as Property Developers Continue to Miss Payments
Borrowing costs for Chinese property developers were sent soaring over the past month, as international concerns over missed bond payments
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The Contagion Saga Continues: Another Property Developer Implodes, Sending China’s Default Total to Record $9B
Another day has come and gone, and another property developer enters default, further imploding the house of cards that is
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Evergrande Makes Local Bond Payment as Offshore Investors Prepare for Official Default
Evergrande continues to remain barely afloat, despite making interest payments on a local bond. According to Reuters, Evergrande has successfully
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China Junk Bond Yields Continue to Hit New Highs; Equity Investors Yawn
Over the last eighteen months, equity investors have concluded that the stock market is a fairly easy puzzle to solve.
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China’s Real Estate Crisis Worsens as Another Developer Misses Debt Payment
It appears that Evergrande is not the only rotten apple plaguing China’s real estate sector. Another Chinese developer has succumbed
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China’s Real Estate Crisis Spreads as More Developers Face Liquidity Problems
With China in a state of crisis over lack of electricity supply, its other problems in the real estate sector
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