Chinese state media is reporting Guangdong provincial government officials have moved in on China Evergrande's Shenzhen headquarters.
What's next for China Evergrande? Following Fitch Ratings' downgrade to default status, institutional bondholders are now expected to be forced to write-off billions.
Ratings agency 'S&P Global Ratings' says a demand that Chinese property giant Evergrande repay US$260 million shows that the issuer's liquidity remains extremely weak.
A veteran credit analyst has encouraged holding meme stocks GameStop and AMC Entertainment ahead of what he expects will be a "financial meltdown".
Embattled property giant China Evergrande is "highly likely" to default after testing times early next year, according to S&P Global ratings.
Xu Jiayin, the founder of China Evergrande Group, has sold personal shares, villas, mansions and private jets to inject cash into the embattled property development giant, according to China State Media.
Evergrande bond payments again sugar-coated by anonymous sources, but bankruptcy could come in “matter of…
Led by veteran German credit analyst, Dr Marco Metzler, DSMA (German Market Screen Agency), recently purchased Evergrande bonds, not to make money, but to test Metzler's hunch that Evergrande is in fact not meeting it debt obligations, despite media reports…
As the China Evergrande Group scrambles to offload corporate jets, luxury property and business units in what appears to be a fire sale to meet debt obligation, one respected financial analyst has suggested a cover-up of monumental proportions could be…
Amid the unfolding China Evergrande crisis, Asia Markets can reveal a Chinese property play that both fund managers and even company insiders are bullish on.
Senior executives of real estate companies have been summoned to Beijing for a hastily arranged meeting, according to local media.