EGRNY News and Press, China Evergrande Group ADR From 10/26/21

China Evergrande (OTCPK:EGRNF -2.6%) (OTCPK:EGRNY -6.1%) resumes construction on 40 projects in the Pearl River Delta region and expects to finish 32 of them by the end of 2021, Reuters says, citing local media reports. In the midst of a liquidity crisis, the big Chinese real estate deve...

China announced a plethora of macro data last week where all but retail sales missed expectations. News on the populous country continued to spell doom and gloom. Investors are sitting up and realizing 'the bark is worse than the bite' on China matters. The correction in the narra...

Chinese real estate stocks weakened on Monday after China proceeds with plans for a property tax just as the housing market slows markedly in the world's second-largest economy. Investments made by property developers declined 3.5% in September, the Wall Street Journal reports, citing China's...

CHIX is the Global X MSCI China Financials ETF. China's economy is losing momentum. I believe China yields will decline hurting bank profits, Evergrande issues will spill into the broader Chinese financial system and high NPLs will be a problem for Chinese banks. The strike pr...

With the stock down around 50% from highs, is it time to buy Alibaba? The stock trades at only 15x earnings net of cash and equity investments. Evergrande and general political risk may justify a lower valuation. I can see the stock more than tripling over the next few years i...

Nam Tai Property, a Chinese property developer, is currently selling at a discount to the net value of its assets. The burst of the Chinese property bubble will cause pain for the sector but will also create an opportunity for well capitalized companies like NTP to emerge stronger tha...

Evergrande's collapse could cause a domino effect on the Chinese property market with a systemic effect on the rest of the Chinese and the global economy. This could have a significant impact on the future performance of a number of stocks. Fortunately for REITs, most of them are ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Editor’s note: This column is part of InvestorPlace.com’s   Best Stocks for 2021 contest . John Jagerson and Wade Hansen’s pick for the contest is Disney (NYSE: DIS ) stock. Source: ...

Many economists now expect China to fall into recession for the first time in nearly 30 years as Evergrande Group continues to miss interest payments on its bonds. Another sign of looming recession in China is that their National Bureau of Statistics reported Thursday that its purchas...

Another real estate developer in China is having trouble paying interest on its debt. Fantasia Holdings Group didn't make a $206M U.S. dollar bond payment that was due on Monday, the Wall Street Journal reports, adding to worries about the Chinese real estate market. Last week, China Evergran...