EGRNY News and Press, China Evergrande Group ADR From 09/28/21

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Fed musical chairs Two regional Federal Reserve bank presidents are leaving their positions early in the wake of controversy over portfolio holdings. Bosto...

The collapse of China's second-largest property developer, Evergrande, could wreak havoc in the Chinese economy, which is already losing growth momentum. Nearly one-fifth of Apple's sales come from China (which is Apple's fastest-growing market), and so, a potential slump in the Chine...

The risks to the economy from a potential collapse in Evergrande are overstated. The purported impact on Chinese Internet stocks is specious. Chinese e-commerce platforms could benefit from the mitigation efforts by the government in the 'rescue' of Evergrande and the boosting of reta...

As I said back a couple of weeks, Evergrande means that the Chinese property market is one that we just don't want to be in at present. However, we're seeing concerns that this might mean the entire economy is in trouble. That's overdoing matters. The property market is going to t...

Market implications from the onset of bond-buying taper. Is the worst of the Evergrande crisis over? Will supply chain woes significantly add to inflationary pressures? For further details see: China Crisis, Fed Taper, Supplies Chain Squeeze: Noise Or Notable?

Evergrande and its financial instruments are under pressure. China’s property developer deleveraging has been a focus area for several years. While the very near term is likely to remain volatile, a potential Beijing-driven resolution, when outlined, could remove uncertaint...

The pace of regulatory developments has far outweighed the pace of news on company fundamentals. This imbalance has resulted in a lot of conjecture about the eventual implications of regulations. I have a neutral view of Alibaba's $15.5B commitment to common prosperity initiatives. It...

The market doesn’t appear to be underestimating risks for Evergrande. Despite very bearish conventional wisdom and recent conservative positioning in our portfolios, we are now beginning to consider increasing exposure to these widening opportunities. Therefore, despite ver...

Chinese government has generally had some idea of how much risk Evergrande and other highly leveraged real estate companies pose since last year. Equity holders will most likely be wiped out, with holders of bond and wealth management products taking significant haircuts. Fundamen...

Credit Suisse (NYSE:CS), at one time the biggest international underwriter of China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY) bonds, sold off all its exposure to China's second-largest property developer late last year, the Financial Times reports, citing people familiar with the decision. Durin...