Similar Stories to What Is China Evergrande And Why Is It In Trouble? on Bing News

China Evergrande Group is quickly becoming the biggest financial worry in a country with no shortage of them. Fears of a default by the real estate developer, with $300 billion in liabilities and links to myriad banks, have roiled global markets as investors assess the potential impact on the financial system and the broader economy.

BING NEWS:
  • China Housing Market Crisis Given New Theory
    The concentration of China's property sector in the hands of the country's largest firms has caused the market's downfall, a new study found.
    05/2/2024 - 11:21 pm | View Link
  • China Evergrande Group to delay 2023 annual results
    Preparation of the financial statements of the company for the year ended Dec. 31, 2023, and the publication of the 2023 annual report have been delayed, the cash-strapped firm said in an exchange ...
    05/1/2024 - 12:30 am | View Link
  • First to Downgrade EVERGRANDE 3 Yrs Ago, UBS's John Lam Now Turns Positive on CN Property
    Bloomberg reported that John Lam, head of China and Hong Kong property research at UBS, said his view of China's property market has turned positive and expects a gradual recovery ...
    04/30/2024 - 9:09 pm | View Link
  • China Evergrande to delay 2023 annual results; shares remain suspended
    China Evergrande Group flagged a delay in publishing its annual results as its liquidators are taking time to "ascertain the current state of affairs" of the embattled property developer.Preparation ...
    04/30/2024 - 4:19 am | View Link
  • China Evergrande to delay 2023 annual results
    Embattled property developer China Evergrande Group flagged a delay in publishing its annual results as its liquidators are taking time to "ascertain the current state of affairs" of the cash-strapped ...
    04/30/2024 - 3:37 am | View Link
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