Page 6 - Evergrande

Evergrande pays back some cash owed to wealth product investors

The distressed developer paid the first 10% installment of wealth management products due September on Thursday, in line with a repayment plan announced earlier

Real estate billionaires gain from China's move to ease Evergrande crisis

Evergrande agreed to sell a 20% stake in the bank to the local Shenyang government for 10 billion yuan ($1.55 billion), with the bank demanding that all proceeds go to settle debts with the lender

World's biggest pension fund won't buy China sovereign debt: Report

The decision comes as FTSE Russell is set to start adding Chinese debt to its benchmark global bond index, which the GPIF follows, from October

Evergrande investors say they're yet to get dollar coupon payment

The world's most indebted developer gave no signs last week of having met a separate $83.5 million coupon payment on other dollar securities

China Evergrande to sell $1.5 bn stake in Shengjing Bank to state firm

Shengjing Bank had demanded that all net proceeds from the disposal be applied to settle the relevant financial liabilities of the group due to Shengjing Bank, Evergrande said.

Country and company: How China and Evergrande ascended together

The property giant's success mirrored the country's transformation from an agrarian economy to one that embraced capitalism. Its struggles offer a glimpse of a new financial future

Investors brace for rough ride as Evergrande faces payment deadline

The company is due on Wednesday to make a $47.5 million bond interest payment on its 9.5% March 2024 dollar bond

Asian markets grapple with Evergrande fallout, China power shortages

MSCI's broadest index of Asia-Pacific shares outside Japan was just slightly higher by mid-afternoon after trading in the red following a mixed session on Wall Street.

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

China could be heading for power supply crisis after Evergrande shock

Almost half of China's regions missed Beijing's energy consumption targets and are now under pressure to curb power use.

Will Sensex correct after scaling 60,000? What tech charts are suggesting

India's benchmark indices have scaled fresh lifetime highs, defying a weak global mood. Does that mean a market correction is on the cards? And, should you really be worried? Let's find out.

Beware of highs

Earnings growth may not support stock prices

China steps up funding oversight of Evergrande property projects

Special accounts set up to oversee, review fund use of debt-laden firm

BS Views of the Week: China after Evergrande, and how fast India can grow

Evergrande misses payment deadline, EV unit warns of cash crunch

China Evergrande's electric car unit warned on Friday it faced an uncertain future unless it got a swift injection of cash

Sensex sprints to 60,000: Latest 5,000-pt rally comes in record 28 sessions

In the past 18 months, a record number of first-time investors have entered the market

Evergrande crisis: A modified script may need to be written on China

This crisis could mark the end of the long run of "miracle" growth that made China the world's second-largest economy, and a challenger to the US in economic and strategic clout, writes T N Ninan

HSBC, StanChart may face secondary shockwaves from Evergrande crisis

Other banks and insurers could also suffer indirect effects such as loss of fees or a devaluation of their investments

Fears grow for China Evergrande after interest deadline passes

China Evergrande inched closer on Friday to the potential default that investors fear as an interest deadline expired without any announcement from the property giant

Evergrande crisis can be catalyst for market correction: Nilesh Shah

The Evergrande crisis is being referred to it as China's Lehman moment. How will this event affect India markets? Listen to this interview to know what Kotak Mahindra AMC's MD Nilesh Shah thinks