EGRNF News and Press, China Evergrande Group From 04/01/22

Highly indebted Chinese property developer stocks like Sunac China (OTC:SCCCF) (OTCPK:SNCHY), China Aoyuan (OTCPK:CAOYF), Shimao (OTCPK:SIOPF) (OTCPK:SHMAY) and Kaisa Prosperity (OTCPK:KKPFF) have been suspended from trading after failing to meet an earnings reporting deadline at the end...

In an effort to alleviate its debt burdens, struggling property developer China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY) is selling its Crystal City Project for 3.66B yuan ($575M) to two state-owned firms, Reuters reported, citing the company's filing. China Evergrande is selling the land-...

Chinese real estate developer, China Evergrande (OTCPK:EGRNF) has sought help from outside law firms and accountants to probe how banks could take control of $2B+ at a key China Evergrande subsidiary. China Evergrande will hire Reed Smith Richards Butler while subsidiary will appoint DLA...

Based on new hopes for a peaceful Ukrainian/Russian resolution to their nearly month-long war, the world is cautiously optimistic. Although China has been trying to help Russia avoid economic sanctions, China is struggling with its own debt problems from Evergrande, slowing economic g...

China Evergrande (OTCPK:EGRNF) disclosed that banks have "enforced" deposits of ~RMB 13.4B (~$2.1B) as security for third party pledge guarantees at its Evergrande Property Services unit, according to a filing. The company has been struggling with its over $300B of liabilities since late last...

The financial woes of the giant real estate developer Evergrande, which carries an estimated debt of $300 billion, have rekindled global fears that China’s property bubble is about to burst. After its liberalization in the late 1990s, China’s property market witnessed a ...

Will China's real estate woes continue to be a major drag for China's economy? China's zero-tolerance COVID-19 policy: A major threat to China's growth. Diverging monetary policies between China and the West: Opportunity for Chinese equities. For further details see: Are...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips China Evergrande New Energy Vehicle Group (OTCMKTS: EVGRF ) stock is rising higher on Friday despite a lack of news from the company. Source: Lewis Tse Pui Lung / Shutterstock.com While there’s no speci...

China Evergrande (OTCPK:EGRNF -1.4%) (OTCPK:EGRNY +4.2%) is poised to miss two more dollar bond coupon payments today, as the Chinese property developer has already missed some $82.5M in interest payments on offshore bonds in the past two months. The company has $50.4M of interest due on a 7....

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...