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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
Evergrande Group CEO Hui Ka Yan (Getty and Market Watch)
National Weekend Edition

China’s 2nd largest property developer is in big trouble

The hits keep coming for Evergrande Group, China’s second-largest property developer. The company’s stock price has dropped more than...

China’s 2nd largest property developer is in big trouble
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