evergrande china

Looming Evergrande bond coupon payments intensify contagion fears

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Looming Evergrande bond coupon payments intensify contagion fears

HONG KONG: As China Evergrande Group looks set to miss its third round of bond payments in three weeks, markets remain on edge over contagion fears involving other property developers as a wall of debt payment obligations come due in the near-term. A total of $38.8 billion offshore bonds issued by 40 Chinese developers will … Read more

How to tell if the Evergrande crisis is spilling beyond China

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How to tell if the Evergrande crisis is spilling beyond China

Worries surrounding debt-strapped property developer China Evergrande have put investors on guard for evidence that the crisis may be spilling over into broader markets. Evergrande, once China’s top-selling property developer, owes $305 billion, has run short of cash, and investors are worried a collapse could pose systemic risks to China’s financial system and reverberate around … Read more