Evergrande

Finished cutting the leeks?Forbes: China suffers a major financial crisis, and Beijing does nothing to shirk its responsibilities | China | Newtalk News

The Forbes magazine, an American financial and business magazine, reported that China’s financial crisis is worsening, but the Bank of China’s problems are not surprising. In fact, this is just a continuation of the spreading crisis that started more than a year ago. That’s when Evergrande, a major property developer, announced it could no longer … Read more

how Yang Huiyan, the richest woman in Asia, lost half of her fortune

Published on : 30/07/2022 – 11:04Modified : 30/07/2022 – 11:08 Yang Huiyan, majority shareholder of Country Garden, one of China’s largest real estate groups, has seen his wealth halve in just one year. A reversal of fortune which illustrates the difficulties of a Chinese market now closely watched by the Beijing authorities. Explanations. She is … Read more

The funding gap is 10 trillion! “Collective loan suspension” leads the Bank of China earthquake and all circles ask Xi Jinping to quickly “demining” | China

The wave of China’s debt suspension has caused the share price of Bank of China to fluctuate. China Merchants Bank’s A shares fell by more than 6% on the 14th.Figure: Retrieved from Wikipedia Recently, there has been a turmoil in China’s real estate industry. Many “unfinished buildings” cannot resume work due to lack of funds. … Read more

EXCLUSIVE-Evergrande China, considering combined installment payment and stock swap for foreign bond repayment = related sources | Reuters

China’s Evergrande Group will repay about $ 19 billion worth of foreign currency-denominated debt in installments in cash and “equity debt” to transfer to the shares of two affiliated companies listed on the Hong Kong market, according to people familiar with the matter. We are considering a business restructuring plan. The photo was taken in … Read more

Media person: The Football Association’s refund of some Evergrande signing adjustment fees is not smooth_Chinese Football Association_Related_Measures

Original title: Media person: The Football Association’s refund of some Evergrande signing adjustment fees is not smooth Written by Qin Yun/Captain Q The first time I talked about the topic of signing adjustment fees was when Beijing Guoan introduced Bakambu in February 2018. At that time, Captain Q interviewed the Guoan Club about the progress … Read more

Lippi: Evergrande gave Hiddink an annual salary of 10 million euros, I said you come to me – yqqlm

2022-05-10 10:44 source:shot china Original title: Lippi: Evergrande gave Hiddink an annual salary of 10 million euros, I said you come to me Sohu Sports News, on May 10, Beijing time, “Silver Fox” Lippi delivered a speech at a university in Rome, reviewing his career. During the period, Lippi revealed the reason for going to … Read more

Evergrande China to announce debt restructuring plan by the end of July | Reuters

China’s real estate developer, Evergrande Group, which has a large amount of debt and is in financial difficulty, announced on the 22nd that it will announce a debt restructuring plan by the end of July. Taken in September 2021 (2022 Archyde.com / Aly Song) [Beijing / Hong Kong, 22nd Archyde.com]–China’s real estate developer, Evergrande Group, … Read more

China Evergrande Transfers Two Additional Construction Projects to State-owned Enterprises | Reuters

The company registration document revealed that China’s real estate developer, Evergrande Group of China, had transferred at least two additional construction projects to state-owned enterprises. The photo is the headquarters building of Evergrande China. Taken last September (2022 Archyde.com / Aly Song) [Hong Kong, 25th Archyde.com]–China’s real estate development giant, Evergrande Group of China, has … Read more