China Evergrande Group

Ping An’s US$90 bil slump grounds one-time China high flyer - THE EDGE SINGAPORE

Banking & finance

Ping An’s US$90 bil slump grounds one-time China high flyer

Ping An's share price decline takes it price earnings ratio to 6 following investments in China's indebted property stocks

Property

Chinese Builders Scramble for Ways to Avoid Bond Defaults

Evergrande isn't the only developer in trouble. Modern Land and Xinyuan are asking for 3-month extensions on maturing dollar bonds
Local banks have no direct exposure to Evergrande  - THE EDGE SINGAPORE

Banking & finance

Local banks have no direct exposure to Evergrande

Local banks have no direct exposure to China Evergrande Group but their share price could be impacted by market sell downs

Property

Evergrande Moment of Truth Arrives With Bond Payment Deadlines

Evergrande's bond payment deadlines are imminent in the week of Sept 20-24. Bondholders are told not to expect repayment

Property

Evergrande Starts Repaying Investors with Discounted Properties

Evergrande starts repaying investors with discounted properties

Company in the news

Evergrande to delist soccer business as coronavirus widens loss

The soccer operation joins a wave of companies delisting from the National Equities Exchange and Quotations.

Property

Ying Li sells Chongqing ICC project to unit of China Evergrande as part of $672 mil deal

SINGAPORE (Nov 28): Ying Li International Real Estate, the China‐based developer, has agreed to sell its entire stake in a mixed developement project in the CBD of Chongqing city as part of a RMB3.29 billion ($672 million) deal.

Evergrande's core profit jumps 250% as property prices climb

(Aug 29): China Evergrande Group, the developer controlled by billionaire Hui Ka Yan, reported a 250% jump in core first-half profit as property sales soared and prices climbed.
From Bloomberg

The world's biggest stock rally loses steam

(Aug 8): It had to end sooner or later. After an almost 400% surge this year through late July that led an unprecedented rally among Chinese developers, China Evergrande Group shares are now leading the way down.
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