China Has Evergrande, And Its Billionaire Founder, Under Control
Everything at China Evergrande is under control. Including billionaire chairman Hui Ka Yan. Hui, media reports
Everything at China Evergrande is under control. Including billionaire chairman Hui Ka Yan. Hui, media reports
China’s property developers were back in the spotlight Monday, where that means they were shot
“There has been no announcement from the company or the trustee regarding the coupon payments
Another day, another selloff in Chinese tech shares. The Hang Seng Tech Index dove more
Once again, Evergrande managed to avert a potentially destabilizing default. Despite reports to the contrary,
China has an idea for Evergrande. Hui Ka Yan should help pay the company’s debt.
Update: On Friday, Evergrande reportedly paid the $83.5 million bond interest referenced below Evergrande was
Beijing is aware of the problem. Thankfully, it’s “controllable.” That’s the word the PBoC used
The new week began with a smattering of stagflation headlines and news that Guangdong-based Hopson
Silence. That’s what the market heard from Evergrande, which was supposed to make an $83.5
Evergrande received a “broad set of instructions” from Chinese regulators in a recent meeting, during
Sentiment improved (at the margins anyway) on Wednesday after Evergrande’s onshore property unit alluded to
The market “is signaling that it’s fretting over more than Evergrande,” one headline read, on
Equities looked to stabilize Tuesday after a somewhat harrowing day on Wall Street, where stocks
Fears of a “moment” in China roiled global markets Monday. The question is what kind
Maybe we’re witnessing “Beijing’s Volcker moment,” as Nomura’s Ting Lu put it last month, in
How bad is the macro situation in China? It’s a crucial question. For China, yes,
“When you give roses to others, the fragrance lingers on your hand.” So said Xi
I don’t know what to make of the Chinese economy these days, which puts me
A God awful week for Chinese markets mercifully came to an end, but not before
An opaque Chinese conglomerate with a trillion yuan in assets spread across everything from real
China will release key monthly activity figures this week. The news won’t be good, and
“China cuts a mortgage reference rate by most on record.” Sounds dramatic, no? Unfortunately, the
Chinese policymakers coaxed a rally out of downtrodden equities Thursday. The Hang Seng China Enterprises
It was an inauspicious start to 2022 in Hong Kong, where shares fell on the
“In our view, the economy may need more than commitments,” SocGen’s Wei Yao and Michelle
Call it a token gesture. China’s de facto benchmark lending rate fell for the first
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