Chinese Property Giant Country Garden’s Profit Slumps 96%
By Ambar Warrick Investing.com-- Country Garden Holdings Co Ltd (HK:2007), one of the largest property developers in China, logged a nearly 96% decline in earnings for the first half of...
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China Evergrande News & Analysis
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Chinese Property Stocks Drop as Weak Earnings Point to More Pain
By Ambar Warrick Investing.com-- Major Chinese real estate stocks listed in Hong Kong and the mainland fell on Wednesday after a batch of weak earnings indicated that pressure on the sector...
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Chinese Property Giant Country Garden Warns of Profit Slump
By Ambar Warrick Investing.com-- Chinese property developer Country Garden Holdings Company Ltd (HK:2007) said on Thursday that its profit for the first half of 2022 is expected to drop...
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Chinese Real Estate Stocks hit by Weak Data, $1.1 bln Evergrande Payout
By Ambar Warrick Investing.com -- Chinese real estate stocks slumped on Monday after data showed a drop in monthly home sales, while beleaguered developer China Evergrande Group (OTC:EGRNY)...
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Xi Announces New Infrastructure Plan, Chinese Stock Markets Shine
By Alessandro Albano Investing.com - The Shanghai and Shenzhen stock exchanges closed broadly higher on Wednesday, bucking the trend of most Asian exchanges. Premier Xi Jinping announced an...
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China Allows Banks to Ease Financing for Distressed Developers
(Bloomberg) -- China’s central bank stepped up its support for several distressed developers by allowing banks and bad-debt managers to loosen restrictions on some loans to ease a cash...
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China Evergrande Shares Halt Trade in Hong Kong, Reason Not Yet Disclosed
By Gina Lee Investing.com – Shares in Chinese property developer China Evergrande Group (HK:3333) was suspended from trading on Monday, ahead of “an announcement containing inside...
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China Evergrande Shares Fall After Its Restructuring Plan Fails to Impress
By Gina Lee Investing.com – China Evergrande Group's (HK:3333) shares tumbled on Thursday, as investors expressed skepticism about the company's thinly detailed plan to have a...
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Asian Stocks Down Following U.S.’ Rollercoaster Session, “Volatility is Back”
By Gina Lee Investing.com – Asia Pacific stocks were down on Tuesday morning, alongside U.S. equity futures. U.S. shares closed a hair-raising volatile session as concerns over U.S. Federal...
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China Evergrande Shares Jump After Appointment of State Official to Board
By Gina Lee Investing.com – Property developer China Evergrande Group's (HK:3333) shares climbed on Monday, over the news that it would appoint an official from a unit of state asset...
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Asian Stocks Mixed, Trades Thin as Many Markets Remain Closed
By Gina Lee Investing.com – Asia Pacific stocks were mixed on Monday morning, with trade razor thin on the first trading day of 2022 for some markets. South Korea’s KOSPI was up 0.37% by...
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Asian Stocks Up, Gets Year-End Boost from U.S. Record Close
By Gina Lee Investing.com – Asia Pacific stocks were mostly up on Thursday morning, getting a small boost as its U.S. counterparts hit another record close as volumes remained light in the...
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China Evergrande Shares Jump Over Progress in Resuming Home Deliveries
By Gina Lee Investing.com – China Evergrande Group's (HK:3333) shares jumped on Tuesday morning after the indebted property developer said on Sunday that it had made initial progress in...
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Shimao Shares Tumble After Deal Fuels Governance Concerns
By Gina Lee Investing.com – Shares in Shimao Group Holdings Ltd. and its property services were down on Tuesday, with a deal between two of its units continuing to have a ripple...
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Oil ends “Massive Run” Over Profit-Securing, But Set for Weekly Gain
By Gina Lee Investing.com – Oil was down Friday morning in Asia. Investors locked in profits from the week’s rally that was driven by growing confidence that the rapid spread of the omicron...
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Asian Stocks Down, Impact From Chinese Developers’ Default Continues
By Gina Lee Investing.com – Asia Pacific stocks were down on Friday morning, as the ripple effects from China Evergrande Group's (HK:3333) default continue to be felt. The omicron...
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Asian Stocks Up, China Moves to Support Economic Growth
By Gina Lee Investing.com – Asia Pacific stocks were up on Tuesday morning, clawing back some of Monday’s losses. U.S. shares also rebounded and China introduced measures to support slowing...
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Alibaba Shares Fall Over Stricter Regulatory Scrutiny Concerns
By Gina Lee Investing.com – Chinese e-commerce giant Alibaba (NYSE:BABA) Group Holding Ltd.'s (HK:9988) shares slid on Monday after its U.S. shares slid on Friday. Investors remained...
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China Evergrande Shares Plummet After Chairman Trims Stake
By Gina Lee Investing.com – Developer China Evergrande Group's (HK:3333) shares fell as much as 4.8% on Monday after chairman Hui Ka Yan divested some of his stake in the company to...
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Kaisa Shares Resume Trading, Jump Over Efforts to Solve Debt Woes
By Gina Lee Investing.com –Kaisa Group Holdings Ltd.'s (HK:1638) shares sparked as they resumed trading in Hong Kong, with investors cheering efforts to solve a liquidity crisis. Shares...
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Kaisa Prosperity Shares Fall, Creditors Yet to Receive Interest
By Gina Lee Investing.com – Shares in Kaisa Prosperity Holdings Ltd. (HK:2168), the listed property management arm of troubled Chinese property developer Kaisa Group Holdings Ltd....
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Evergrande Faces Biggest Payment Test Yet as Grace Periods End
(Bloomberg) -- China Evergrande Group (HK:3333) is facing its biggest payment test since signs of a liquidity crisis emerged at the firm five months ago. Investors are waiting to see if...
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Tesla, AT&T Earnings, Jobless Claims, Return of Lockdown -What's Moving Markets
By Geoffrey Smith Investing.com -- Tesla (NASDAQ:TSLA) reported its best-ever quarter, but its stock struggled to build on its sky-high valuation. Donald Trump is set for a return to social...
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China’s Economic Growth Slows Down, but Retail Sales Up
By Gina Lee Investing.com – China’s economy grew at its slowest pace in a year in the third quarter of 2021, with a global energy crunch, supply chain bottlenecks, and an unsteady property...
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Dollar Edges Lower; Remains Elevated on Higher Yields
By Peter Nurse Investing.com - The dollar edged lower in early European trade Wednesday, but remained near its best levels this year as higher U.S. Treasury yields, potential Federal Reserve...
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Evergrande Jumps Even as Its Fate Remains Uncertain
By Dhirendra Tripathi Investing.com – Evergrande stock (HK:3333) closed 7.6% higher in Hong Kong trading Monday as the Chinese central bank repeated its determination to keep market...
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Dollar, Yen Down as China Evergrande Fears Slowly Recede
By Gina Lee Investing.com – The dollar was down on Monday morning in Asia, while the yen, a fellow safe-haven asset, sank to its lowest level in nearly three months. Riskier assets, such as...
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Gold Up as China Evergrande Concerns Continue
By Gina Lee Investing.com – Gold was up on Monday morning in Asia, with risk appetite decreasing as concerns over China Evergrande Group's (HK:3333) debt situation, and its potential...
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Energy & Precious Metals - Weekly Review and Calendar Ahead
By Barani Krishnan Investing.com - Regardless of how high energy prices go over the next three months, what’s important to note is that inflation isn’t going to get any better for America...
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Evergrande Doubts Revive, Bonds Stabilize, Nike Woe - What's Moving Markets
By Geoffrey Smith Investing.com -- Treasury bonds stabilize after their biggest one-day sell-off in months. Jerome Powell and two other top Fed officials may speak to that later. China...
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