Evergrande


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(Evergrande Group, iStock)

Oaktree Capital seizes Evergrande property worth $1B

Los Angeles-based Oaktree Capital Management has stormed a Hong Kong “castle” valued at $1 billion. The global asset management...

Oaktree Capital seizes Evergrande property worth $1B
Evergrande founder Hui Ka Yan (Getty, iStock)
National

Evergrande defaults for first time

A moment six months in the making finally came to pass as Evergrande was labeled in “restricted default” following two missed coupon payments on Monday. Fitch Ratings cut the Chinese developer’s rating on Thursday,...

Evergrande defaults for first time
Chinese President Xi Jinping (Getty)
National Weekend Edition

Chinese regulators ease some real estate controls

Chinese regulators are easing some restrictions on bond sales by real estate firms and developers, though they aren’t pulling...

Chinese regulators ease some real estate controls
China tells Evergrande founder to repay debt on his own
Weekend Edition

China tells Evergrande founder to repay debt on his own

Chinese authorities have a message for Hui Ka Yan, the founder of Evergrande: The buck stops with you. Chinese...

China tells Evergrande founder to repay debt on his own
Fantasia Chairman Pan Jun (Getty)
National Weekend Edition

Evergrande isn’t only Chinese developer in deep debt

China Evergrande Group isn’t the only Chinese developer with mounting debt problems. Fantasia Holdings Group missed a $205.7 million...

Evergrande isn’t only Chinese developer in deep debt
Hong Kong Stock Exchange  (Getty)
National Weekend Edition

Investors sell off Chinese real estate stocks

Investors continued to sell off shares in China’s real estate companies, wary of Beijing’s ongoing effort to stabilize the...

Investors sell off Chinese real estate stocks
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