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Page 3 - Chinese Firms

Updated On : 04 Dec 2021 | 1:32 AM IST

Chinese developer Modern Land defaults; property shares drop

China's state planner is set to meet with property firms carrying large dollar-denominated debts later in the day to take stock of their total issuance volume and repayment capability

Chinese developer Modern Land defaults; property shares drop
Updated On : 26 Oct 2021 | 2:42 PM IST

Evergrande's $1.7 bn HK headquarters sale flops as buyer withdraws: Report

The collapse of the talks for the landmark building's sale is another setback for cash-strapped Evergrande, which has been scrambling to divest some assets to repay creditors knocking on its doors

Evergrande's $1.7 bn HK headquarters sale flops as buyer withdraws: Report
Updated On : 15 Oct 2021 | 3:19 PM IST

China exports up 28% in September; surplus with United States grows

China's global trade surplus rose to $68 billion in September from $52 billion in August

China exports up 28% in September; surplus with United States grows
Updated On : 13 Oct 2021 | 4:32 PM IST

Evergrande creditors fear imminent default as advisers call for clarity

Evergrande shares have been suspended since it requested a trading halt on Monday pending a major transaction announcement.

Evergrande creditors fear imminent default as advisers call for clarity
Updated On : 08 Oct 2021 | 6:33 PM IST

Evergrande bondholders to mull options as woes hit China property bonds

Evergrande has already missed coupon payments on dollar bonds twice last month

Evergrande bondholders to mull options as woes hit China property bonds
Updated On : 08 Oct 2021 | 3:20 PM IST

Evergrande trading suspended as major announcement awaited: Report

Chinese property giant Evergrande's shares have been suspended as investors await a statement about its future, the BBC reported.

Evergrande trading suspended as major announcement awaited: Report
Updated On : 04 Oct 2021 | 2:11 PM IST

Evergrande pain spreads to wealthy investors as more payments missed

Rich trust buyers join 70K retail investors who suffered losses and want their money back

Evergrande pain spreads to wealthy investors as more payments missed
Updated On : 28 Sep 2021 | 2:11 AM IST

China vows further curbs on 'disorderly expansion' by tech firms

In recent times, China has launched a series of monopoly probes into internet companies

China vows further curbs on 'disorderly expansion' by tech firms
Updated On : 27 Sep 2021 | 4:15 PM IST

Alibaba Group Holding seeks to exit media firm after Beijing's scrutiny

The e-commerce giant, which made the purchase only nine months ago, is seeking a waiver from a one-year lock-up agreement, the filing showed.

Alibaba Group Holding seeks to exit media firm after Beijing's scrutiny
Updated On : 25 Sep 2021 | 2:43 AM IST

Evergrande gave workers a choice: loan us cash or lose your bonus

The Chinese property giant owes $300 billion and is on the hook for 1.6 million apartments. It may owe tens of thousands of its employees money, too

Evergrande gave workers a choice: loan us cash or lose your bonus
Updated On : 20 Sep 2021 | 2:19 AM IST

Xiaomi to drop 'Mi' branding from its premium product series: Details here

Xiaomi on Monday announced a new visual identity for its premium range of products

Xiaomi to drop 'Mi' branding from its premium product series: Details here
Updated On : 13 Sep 2021 | 5:09 PM IST

China's app ban proves to be a jackpot for Indian mobile apps

Domestic publishers have filled the vacuum, increasing market share

China's app ban proves to be a jackpot for Indian mobile apps
Updated On : 10 Sep 2021 | 6:04 AM IST

Chinese finance regulators vow tighter supervision, new rules

The central bank will close loopholes in its financial technology regulation

Chinese finance regulators vow tighter supervision, new rules
Updated On : 04 Sep 2021 | 12:28 PM IST

City of Beijing said to seek taking Didi under state control

Didi's shares spiked 8% before paring gains to about 5% higher in pre-market trading in New York

City of Beijing said to seek taking Didi under state control
Updated On : 04 Sep 2021 | 1:02 AM IST

Evergrande contagion fear returns as bonds tumble below 30 cents

Investors in China's $12 trillion bond market have become fixated on Evergrande as they weigh the ramifications of a potential default by the world's most indebted developer.

Evergrande contagion fear returns as bonds tumble below 30 cents
Updated On : 02 Sep 2021 | 6:37 PM IST

Chinese firms rush to embrace 'common prosperity' slogan

At least 73 companies used the flagship slogan in statements to shareholders

Chinese firms rush to embrace 'common prosperity' slogan
Updated On : 02 Sep 2021 | 6:34 PM IST

Chinese state firms to take big stake in Ant's credit-scoring JV

The plan would represent one of the most prominent outcomes of a govt push for state-backed firms to exert more control and influence

Chinese state firms to take big stake in Ant's credit-scoring JV
Updated On : 02 Sep 2021 | 1:50 AM IST

Evergrande electric vehicle unit loses $80 billion in worst stock rout

China Evergrande New Energy Vehicle Group Ltd. sank as much as 22% Thursday after its parent said the unit lost 4.8 billion yuan ($740 million) in the first half

Evergrande electric vehicle unit loses $80 billion in worst stock rout
Updated On : 27 Aug 2021 | 2:12 AM IST

ED seizes funds worth Rs 107 Cr of Chinese loan app firm for FEMA violation

ED said it has seized funds worth about Rs 107 cr of a Chinese-controlled NBFC, engaged in dishing out instant personal loans over an internet-based app, for alleged violation of foreign exchange law

ED seizes funds worth Rs 107 Cr of Chinese loan app firm for FEMA violation
Updated On : 26 Aug 2021 | 8:26 PM IST