EGRNY News and Press, China Evergrande Group ADR From 11/28/21

In the wake of China Evergrande's (OTCPK:EGRNF) (OTCPK:EGRNY) liquidity crisis and broader distress felt by property developers in China, pricing in the Asia high-yield market has "detached from other credit markets to a degree rarely seen," Guggenheim Global Chief Investment Officer Scott Mi...

For the first time since China Evergrande (OTCPK:EGRNF -5.2%) (OTCPK:EGRNY -3.6%) went public in 2009, Chairman Hui Ka Yan reduces his stake in the company, a sign that he's selling, Bloomberg reports, citing a filing to the Hong Kong Stock Exchange. Hui sold 1.2B Evergrande (OTCPK:EGRNF) on ...

Alibaba Group Holding Limited disappointed with Q2 results. The stock dropped hard and now appears cheap on most metrics. While we recognize the regulatory and political risks, Alibaba is actually being impacted by something far worse. For further details see: Alibaba: I...

China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY) agrees to sell its 18% stake in HengTen Networks Group for HK$2.13B (US$270M) to Allied Resources Investment Holdings, the company said in a Hong Kong filing. The transaction ends Evergrande's six-year business venture with Tencent Holdings (OTCPK:...

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...

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...

Evergrande Group is the latest listed company to unexpectedly teeter on the verge of bankruptcy. Evergrande’s revenue growth fell consistently from 59% in 2016 to 2% in 2019 before recovering to 6% in 2020. The largest drop occurred between 2018 and 2019, when it declined from ...

My portfolio, built specifically for my retirement ~20+ years from now, rides the September downturn in the market back under $400k. Some massive risk-on portfolio restructuring including more Bitcoin as I prepare for the seasonal Santa Claus and Bitcoin run. Making monthly contri...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Identifying stocks to buy on the dip will always be a winning strategy for long-term investors. So you should always keep some companies on the radar to get long when stock prices become more attractive. Therefore, today&#x...

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...