(Archyde.com) – Rising rents in the United States have hit young workers with little savings, many of whom are trying to protect themselves by starting side jobs or looking for roommates to cover their rent. Soaring rents in the U.S. are hitting young workers with little savings. Meeb Kozlaak (23, pictured), a doctoral student at … Read more
Foreign funds that hold corporate bonds of China Evergrande Group, a major property developer in China, have put together their own debt restructuring plans. It is asking the chairman of the company, Hsu Jiayin, to repay the debt with his own funds. FILE PHOTO: Shenzhen, China September 2021. REUTERS/Aly Song (Archyde.com) – Foreign funds holding … Read more
On the 29th, China Evergrande Group announced a tentative policy of presenting a restructuring proposal including a stock exchange of two affiliated companies for foreign currency debts that have not been paid. Pictured is China Evergrande headquarters building. FILE PHOTO: Shenzhen, China January 2022. REUTERS/David Kirton [香港 ２９日 ロイター] – China Evergrande Group, a major … Read more
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
[Hong Kong 31st Archyde.com]–The outlook for the Chinese real estate industry does not improve at all. The central government has come up with a tactic, but industry insiders say funding remains difficult and many local governments are reluctant to deregulate. On March 31, the outlook for the Chinese real estate industry will not improve at … Read more
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
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
China Evergrande Group, a major Chinese real estate development company, is up sharply on the Hong Kong stock market on the 10th.While Chairman Xu Jiayin announced that he would fully resume housing construction in order to repay debt, he said he would not sell assets.The photograph is taken in Hong Kong last year 9 month … Read more