EGRNF News and Press, China Evergrande Group From 11/18/21

The deficit spending that supported the economy in 2020 is showing up in hot inflation numbers in 2021. While I think the inflation numbers will get better in 2022, I do not believe they will get back to pre-pandemic levels because of owners’ equivalent rents and wage gains in ...

Alibaba's Q2 earnings showed a slight miss on revenue and a wide miss on EPS. The earnings miss was due to heavy investments (about $1.6 billion) in new business activities, not poor operating results. Operating income actually jumped 10%. In this article, I reiterate my bulli...

The Chinese government has taken a stricter stance on some of the large consumer tech names, the education sector and some of the Macau gaming names. Amid this backdrop, we believe there is the potential for further regulatory action toward sectors that are linked to these issues, suc...

Investors should focus on fundamentals rather than trying to predict what Beijing will do next. Investors have been focused on the headwinds, including the potential for additional policy announcements, a slowdown in economic growth and heightened geopolitical concerns. We believe...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Did you ever imagine that you’d invest in a Chinese agricultural-products company? Maybe not, but Farmmi  (NASDAQ: FAMI ) is worthy of your investment capital, as there’s a hidden gem to be found in ...

Two UBS (NYSE:UBS) portfolio managers are leaving the bank after a $3B fund got hit from China's high-yield bond market slump triggered by China Evergrande's (OTCPK:EGRNF)  (OTCPK:EGRNY) debt woes, Bloomberg reports, citing a company spokesperson. Jiayi Yew, based in Singapore, and Brian...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips China’s property market continues to weigh down the sentiment of the broader markets. However, the biggest casualties are Chinese companies listed on U.S. exchanges. Due to the regulatory pressure on both sides, stoc...

The $1 trillion package intends to invest in refurbishing roads, bridges, ports, water pipes, and the power grid while simultaneously focusing on supply chain issues, internet access, and climate change. As the world's leading manufacturer of construction equipment, Caterpillar will p...

China's property sector is not a growth driver of the Chinese economy, but a growth passenger. China's fiscal system also created incentives for local governments to favor housing market development. If the Chinese government continues to put off economic reforms, China's true gro...

Shares in China Evergrande Group (OTCPK:EGRNF -1.0%) dips as the property developer sits on the brink of default. Some Evergrande bondholders haven't received coupon payments by the end of 30-day grace periods at the close of Asia business on Wednesday, Reuters reported, citing unnamed source...