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Economy Real Estate

Evergrande’s Shares Sold at $1.2 Billion Loss

Evergrande’s second-biggest shareholder, Chinese Estates Holdings, is selling its entire 6.5% stake in Evergrande with a loss of about $1.2 Billion.

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Finance

CCP to take Control of Evergrande – The Evergrande Restructure

There is speculation that the CCP will take control and restructure Evergrand.

Categories
Finance

Evergrande’s Biggest Bondholders – Can they Afford the loss?

Who are Evergrande’s biggest Bondholders and can they afford a significant loss from their Evergrande investments? Is a 1% portfolio exposure that big a deal?

Categories
Finance

Evergrande is Missing Loan Payments – Evergrande Crisis

Banks have been advised that Evergrande will miss loan payments by China’s Housing Ministry.