Page 7 - Evergrande

China's Evergrande Group bondholders in limbo over debt resolution

The company has run short of cash to fund its $305 billion in debts and markets are worried that a collapse could pose systemic risks to China's financial system and reverberate around the world

Fitch Ratings cuts China's growth forecast to 8.1% on property curbs

It added that the economic slowdown has already prompted a recalibration of macroeconomic policy settings

China tells states to be ready for Evergrande's possible collapse

Authorities ask embattled developer to avoid near-term default on bonds

Evergrande bondholders don't expect coupon payment on Thursday: Report

Evergrande is due to pay $83.5 million in interest on a $2 billion offshore bond on Thursday and also has a $47.5 million dollar-bond interest payment next week.

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China preparing for potential downfall of Evergrande: Report

Local governments have been tasked with preventing unrest and mitigating the ripple effect on home buyers and the broader economy, Wall Street Journal reported on Thursday

Oil falls from two-month high as fears from Evergrande crisis loom

Futures in London fell after earlier touching their highest level since July 14

Sensex ends at record high, eyes 60,000: 3 factors behind the rally

The sentiment remained robust in the broader markets too as the BSE Midcap touched new high in intra-day session and ended 1.31 per cent higher

China tells Evergrande to avoid dollar bond default as deadline looms

Regulators said the company should communicate proactively with bondholders to avoid a default but didn't give more specific guidance

Evergrande to make small investors priority as debt deadline looms

Global markets have been on tenterhooks in recent weeks as looming payment obligations of Evergrande, which has a $305 billion mountain of debt

Evergrande seeks to reassure retail investors as key debt deadline looms

HONG KONG/SINGAPORE (Reuters) -China Evergrande Group will make it a top priority to help retail investors redeem their investment products sold by the indebted property giant, its chairman said, as uncertainty looms over interest payment due for a dollar bond on Thursday.

Shares rise in Asian markets but Evergrande jitters keep investors on edge

As Hong Kong markets came off a holiday, Evergrande's shares surged 30% to mark their best day.

Asian shares gain but Evergrande jitters keep investors on edge

Evergrande's shares surged 23% on Thursday after a unit said on Wednesday, when the Hong Kong market was closed for a holiday, that it had "resolved" a coupon payment on an onshore bond.

China's Evergrande chairman seeks to reassure investors, shares surge

Hui Ka Yan said the company was striving to ensure quality delivery of properties and stressed the importance to resume construction on developments where building had been halted

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Evergrande domestic debt deal calms immediate contagion concern

Many financial institutions have exposure to Evergrande through direct loans and indirect holdings, while any defaults will also trigger sell-offs in the high-yield credit market

Evergrande faces key deadline, investors await outcome on dollar bond

Evergrande, China's biggest property developer, ran into trouble over the past few months as Beijing tightened regulations in its property sector.

Evergrande domestic debt deal calms immediate contagion concern

Many financial institutions have exposure to Evergrande through direct loans and indirect holdings

Evergrande crisis: China injects liquidity, adds $18.6 bn to banking system

The benchmark CSI 300 Index fell as much as 1.9 per cent Wednesday

Dollar edges lower ahead of Fed, Evergrande lifts risk-sensitive currencies

Still, uncertainty remains whether the developer will be able to pay the coupon on its offshore dollar bonds, due on Thursday.