September is ‘likely to remain messy’
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2023. Brendan McDermid | Reuters This report is from today’s CNBC Daily …
China Evergrande Group
Shares of Evergrande suspended amid reports its chairman under surveillance
Shares of Evergrande were suspended on Thursday, Hong Kong’s exchange announced. Seen here are residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, …
Fixing China’s property sector may take a decade, says Grow Investment
China’s urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector, according to China economist Hao Hong. “Fixing the property sector …
China property stocks tumble amid Evergrande debt restructuring roadblock
The Evergrande Group headquarters building in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. Liang Xiashun | Visual China Group | Getty Images Hong Kong-listed …
Summer discontent is spilling into the fall
UAW President Shawn Fain marches with UAW members through downtown Detroit after a rally in support of United Auto Workers members as they strike the Big Three auto makers on …
Even China’s 1.4 bln population can’t fill all its vacant homes: Former official
BEIJING: Even China’s population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former official said on Saturday, in a rare …
Chinese property stocks surge after Country Garden avoids default
NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) …
Hong Kong property stocks surge as China takes action to revive property sector
Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, …
earnings: China Evergrande shares plunge more than 80% as trade resumes after 17 months
Shares of China Evergrande Group shed 86.7% early on Monday when trading resumed following a 17 month suspension, after saying it had “adequately” fulfilled all guidance issued by the Hong …
China Evergrande shares plunge as trading resumes after 17 months
NANJING, CHINA – AUGUST 18, 2023 – Aerial photo shows a residential area of Evergrande in Nanjing, East China’s Jiangsu province, Aug 18, 2023. (Photo by Costfoto/NurPhoto via Getty Images) …