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 08:19
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
Country Garden Shrugs Off Penny Stock Label Amid Sector Support
Distressed Chinese developer Country Garden Holdings Co. is poised to shed its penny stock status after Beijing signaled
2023-11-23 15:51
China Weighs Unprecedented Builder Support With First-Ever Unsecured Loans
China may allow banks to offer unsecured short-term loans to qualified developers for the first time, people familiar
2023-11-23 15:47
Country Garden’s Dollar Bonds Jump on Support List Inclusion
Country Garden Holdings Co.’s bonds jumped as news that the distressed developer is included in a list eligible
2023-11-23 10:24
China Races to End Property Panic, Fill $446 Billion Funding Gap
Chinese leaders are making their most forceful push yet to end the nation’s property crisis, ramping up pressure
2023-11-23 09:16
China Housing Woes Worsen as Prices Fall Most in Eight Years
China home prices fell the most in eight years in October, signaling the property slump is worsening even
2023-11-16 11:24
China’s Under-Developed CDS Market Worsens Real Estate Pain
After a major default, investor attention usually turns to the potential payout from credit default swaps, a type
2023-11-10 18:28
Ping An Loses $3.1 Billion in Value on Country Garden Buy Report
A report that Chinese authorities asked Ping An Insurance Group Co. to rescue Country Garden Holdings Co. sent
2023-11-09 09:50
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 20:59
Country Garden Default Is All But Official, Restructuring Looms
It’s likely just a formality before Country Garden Holdings Co.’s missed dollar bond interest payment is declared a
2023-10-20 12:23
Country Garden Default Looms After Builder Says Unlikely to Pay
Distressed Chinese builder Country Garden Holdings Co. signaled it’s set for a first-ever default as a grace period
2023-10-18 17:52