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2023-09-06 02:53:09 ET More on China Evergrande Group Financial information for China Evergrande Group China Evergrande stock slumps 79% on its first trading day in 17 months China Evergrande seeks Chapter 15 protection during $32B debt restructuring Contagio...
2023-09-05 11:06:28 ET Summary We consider Daikin's shares expensive due to signs of slowing demand in Japan, China, and Europe. Concerns include market share loss in Japan and the U.S., as well as negative impact from the weakening Chinese real estate sector. We downgrade our...
2023-09-04 05:45:17 ET More on China's property crisis Fresh stimulus from China to bolster crisis-hit property sector China cuts payments, mortgage rates amid real-estate slump Contagion risk: How bad is the property crisis in China? Country Garden Deconstru...
2023-08-28 07:53:23 ET More on China Evergrande Group Contagion risk: How bad is the property crisis in China? China Evergrande files for Chapter 15 bankruptcy in New York China Evergrande liabilities fall in 2022, but board sees doubt as 'going concern' Earn...
2023-08-28 03:33:00 ET U.S. Commerce Secretary Gina Raimondo has become the third cabinet secretary to visit China this year after landing in the country for a trip that hopes to get the two sides talking again (prior trips were made by Janet Yellen and Antony Blinken ). "Of cou...
2023-08-22 09:11:57 ET Summary U.S. Gold Corp.'s recommendation rating has changed from "Sell" to "Buy" due to the formation of conditions for a strong recovery in the gold price. The price of gold has retreated in recent months due to a decrease in inflation concerns and expectat...
2023-08-19 08:30:00 ET Summary Alibaba stock's post-earnings sizzle is gone, as investors sold out of Chinese stocks in a hurry as they prepare for a meltdown in China's property market. Given Alibaba's scale, investors are likely concerned whether Alibaba's recovery could reverse...
2023-08-18 16:02:56 ET More on Markets Jackson Hole: Fed Faces Ghosts Of 1970s As Stock Market Rollercoaster Continues Resolving An Overbought Condition For The Stock Market BofA notes that investors continue to inject cash into U.S. Treasuries as yields surge ...
2023-08-18 11:48:42 ET Major Wall Street indices were mixed on Friday, with surging Treasury yields taking a breather, as sentiment was dampened by the turmoil in China's property sector and the growing likelihood of U.S. interest rates staying elevated for longer than expected. The Nas...
2023-08-18 09:14:45 ET U.S. stock index futures pointed to a lower open on Friday as surging Treasury yields continue to pressure stocks, with traders now increasingly convinced that interest rates will likely remain high for longer than previously expected. Here are some stocks to ...
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China Evergrande Group Company Name:
EGRNF Stock Symbol:
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China Evergrande ( OTCMKTS:EGRNF ) could be forced to wind down its operations this month, in one of the biggest corporate failures in modern times. The company, which was once the biggest real estate developer in the country, has failed to reach an agreement with its creditors. Evergrand...