China Evergrande Group

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Goldman Sachs cuts earnings outlook for MSCI China to zero growth

Today News || In China, people typically buy apartments before they are completed. Pictured here on June 28, 2022, are…

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Moody’s downgrades Chinese property developer Shimao as debt troubles drag on

Today News || Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb.…

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China’s real estate problems are spreading even to once-healthy developers

Today News || InterContinental Shanghai Wonderland, a luxury hotel developed by Shimao and managed by IHG, opened in 2018 and…

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China’s big challenge for 2022: Getting people to spend money

Today News || A Hangzhou location of the Element Fresh chain, which entered the bankruptcy liquidation process in December 2021,…

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Evergrande slides into default while some ratings agencies keep quiet

Today News || An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip |…

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China’s real estate uncertainties persist, fueling market anxiety

Today News || Listings of apartments for sale displayed at a real estate office in Shanghai, China, on Monday, Aug.…

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Business

Shares of Chinese real estate developer Kaisa pop 20% after debt restructuring plan

Today News || Kaisa Group Holdings Ltd.’s City Plaza development under construction in Shanghai, China, on Tuesday, Nov. 16, 2021.…

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