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Search Result for “evergrande”

Showing 1 - 10 of 80

BUSINESS

Regional shares advance after Wall Street rally

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 30/08/2025

» RECAP: Most Asian stocks edged higher on Friday, riding a tech-driven rally on Wall Street, while mounting expectations for a US interest rate cut next month prompted investors to rotate back into riskier regional assets.

BUSINESS

China vows to improve home sales in ‘orderly’ way

Published on 09/03/2024

» BEIJING - China will improve home sales in a “forceful” and “orderly” way, Housing and Urban-Rural Development Minister Ni Hong said on Saturday, as weak demand in the country’s beleaguered residential property market persists.

BUSINESS

Jitta Wealth touts beaten down Chinese stock funds

Business, Nuntawun Polkuamdee, Published on 16/02/2024

» Foreign mutual funds that invest in China have posted negative returns as the property crisis drags on, but analysts believe the mainland still holds long-term investment potential as prices of quality stocks there have fallen to the lowest level in five years.

BUSINESS

Asian shares advance after US tech rally

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 03/02/2024

» RECAP: Most Asian markets advanced yesterday amid a rebound in US shares after impressive results from tech giants. But Chinese stocks fell on disappointment with the limited impact of state policy support measures to revive the economy.

BUSINESS

Chinese censors target economic ‘doomsayers’

By Daisuke Wakabayashi and Claire Fu, The New York Times, Published on 31/01/2024

» China’s top intelligence agency issued an ominous warning in December about an emerging threat to the country’s national security: Chinese people who criticise the economy.

BUSINESS

What happens next after China Evergrande ordered to liquidate

Reuters, Published on 29/01/2024

» HONG KONG - A Hong Kong court on Monday ordered China Evergrande, the world's most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political considerations, given the many authorities involved.

BUSINESS

China's high-yield property bonds hand investors a 22% loss

South China Morning Post, Published on 07/12/2023

» Dollar-denominated bonds sold by junk-rated Chinese developers remain a minefield for investors, as another depressing year of losses and defaults in the real estate sector draws to a close, according to money managers.

BUSINESS

Beijing engineering huge property rescue

Reuters, Published on 08/11/2023

» HONG KONG: Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the country’s biggest private property developer, four people familiar with the plan say.

BUSINESS

Asian equities rise amid expected rate relief

Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 04/11/2023

» RECAP: Stocks and currencies in Asia gained in line with a weakening of the US dollar, as traders embraced riskier assets on prospects the Federal Reserve's tightening cycle is nearing an end.

BUSINESS

China developer Kaisa says creditors will get less than 5% back if liquidated

Reuters, Published on 10/10/2023

» HONG KONG - Struggling Chinese property developer Kaisa Group said creditors would get less than 5% of their money back if it is forced into liquidation, a lawyer for one creditor who is suing the company told a Hong Kong court on Tuesday.