EGRNF News and Press, China Evergrande Group From 12/26/21

Alibaba has dropped 50% from its 2021 high. But has the stock actually become cheaper? We analyze the primary reason we stayed out and why that is more applicable today. A shorter term bounce may materialize still and we go over a good way to play it. For further details...

Although a federal judge overrode the Biden Administration’s ban on drilling on federal land, Biden’s advisors remain hostile to energy independence, so energy production within the U.S. has ebbed in 2021. The bears are insinuating that if smart money is selling, a stock...

In the wake of a widespread China-based real estate crisis that was first ignited by China Evergrande's (OTCPK:EGRNF) (OTCPK:EGRNY) liquidity crunch, property developer Kaisa Group Holdings (OTCPK:KKPFF) fails to make some dollar bond payments, and is talking to creditors about a restructurin...

S&P Global Ratings downgrades China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY) and its offshore financing arm, Tianji Holding, to "selective default," the second ratings firm to do so after the property developer failed to make coupon payments on its dollar debt earlier this month. While Ever...

Chinese real estate stocks were among the leaders to the downside during Tuesday's weak session on Wall Street. Concerns surrounding Shimao Group (OTCPK:SIOPF) sparked losses across the industry, including notable retreats from Nam Tai Property (NYSE:NTP) and MDJM (NASDAQ:MDJH). The drug deve...

In the wake of China Evergrande's (OTCPK:EGRNF) (OTCPK:EGRNY), the Chinese real estate sector gets another blow as J.P. Morgan downgrades Shimao Group (OTCPK:SIOPF -32.4%) and its property-services unit, as a transaction between the two companies flashes warning signs, according to a Bloomber...

Fitch has become the first to label China Evergrande's (OTCPK:EGRNF, OTCPK:EGRNY) overseas bonds as "in default" after the heavily-indebted property developer missed coupon payments totaling $82.5M when a grace period expired on Monday. "There has been no announcement from the company or the ...

This month I started repositioning my portfolio, decreasing total holdings to 35. Dividend was almost double that of last November. My new forward dividend is $818.60 after tax. For further details see: My Portfolio November Update - Repositioning For The New Year

China Evergrande (OTCPK:EGRNF +0.4%) (OTCPK:EGRNY +2.3%) failed to pay coupons on two offshore bonds by the end of the 30-day grace period, according to media reports, putting the property developer on the brink of default and heading for what may be one of China's largest debt restructurings...

Japan's Financial Services Agency plans to propose legislation in 2022 to restrict issuance of stablecoins to banks and wire transfer companies, Nikkei reports. The liquidity crunch that China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY) is facing is also throwing some attention onto stablecoins' s...