South China Morning Post Archives - ׶Ƶ Know More. Risk Better.® Tue, 17 Oct 2023 18:58:51 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png South China Morning Post Archives - ׶Ƶ 32 32 Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices https://www.scmp.com/business/china-business/article/3236926/sunac-china-wins-hong-kong-court-approval-implement-us102-billion-debt-workout-creditors-boost-stock#new_tab Tue, 17 Oct 2023 18:58:26 +0000 /?p=14933 Sunac China Holdings is a step closer to resolving its debt crisis.

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]]> Sunac China Holdings is a step closer to resolving its debt crisis.

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]]> China Evergrande suffers new blow as curbs on offshore bond sales raise survival alarm, hobble US$20 billion debt workout https://www.scmp.com/business/china-business/article/3235684/china-evergrande-suffers-new-blow-after-failing-meet-rules-offshore-bond-sales-hobbling-years#new_tab Wed, 27 Sep 2023 17:36:13 +0000 /?p=14513 Evergrande failed to meet China’s capital market rules on offshore bond sales.  

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]]> Evergrande failed to meet China’s capital market rules on offshore bond sales.

 

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]]> China property developer Country Garden expects to post loss due higher impairment provisions https://www.scmp.com/business/china-business/article/3229445/china-property-developer-country-garden-expects-post-loss-due-fall-profit-margin-higher-impairment#new_tab Tue, 01 Aug 2023 17:23:13 +0000 /?p=13657 China’s biggest property developer Country Garden Holdings urged “guidance and support from the government” as the debt stricken company estimated it would report a loss for the first half of...

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]]> China’s biggest property developer Country Garden Holdings urged “guidance and support from the government” as the debt stricken company estimated it would report a loss for the first half of the year.

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]]> Country Garden latest Chinese property developer to be dumped by investors as US$2.1 billion debt repayments loom https://www.reuters.com/world/china/dalian-wandas-repayment-woes-weigh-china-property-sentiment-2023-07-21/#new_tab Mon, 31 Jul 2023 20:39:44 +0000 /?p=13526 Country Garden Holdings became the latest Chinese property developer to face investors’ ire, as doubts about its debt servicing ability sent its shares and bonds tumbling on Friday even after...

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]]> Country Garden Holdings became the latest Chinese property developer to face investors’ ire, as doubts about its debt servicing ability sent its shares and bonds tumbling on Friday even after it got approvals from financial institutions to refinance part of a loan facility.

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]]> How China Evergrande’s Hui Ka-yan is saving his property empire from sinking under US$340 billion in liabilities https://www.scmp.com/business/china-business/article/3228286/how-hui-ka-yan-saving-his-china-evergrande-property-empire-sinking-under-us340-billion-liabilities?utm_source=rss_feed#new_tab Mon, 31 Jul 2023 17:17:31 +0000 /?p=13553 China Evergrande Group, once China’s biggest property developer, is entering a critical quarter as chairman and founder Hui Ka-yan rolls out plans to prevent his debt-laden empire from becoming one...

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]]> China Evergrande Group, once China’s biggest property developer, is entering a critical quarter as chairman and founder Hui Ka-yan rolls out plans to prevent his debt-laden empire from becoming one of the nation’s largest-ever business failures.

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]]> Country Garden latest Chinese property developer to be dumped by investors as US$2.1 billion debt repayments loom https://www.reuters.com/world/china/dalian-wandas-repayment-woes-weigh-china-property-sentiment-2023-07-21/#new_tab Mon, 31 Jul 2023 03:45:01 +0000 /?p=13524 Country Garden Holdings became the latest Chinese property developer to face investors’ ire, as doubts about its debt servicing ability sent its shares and bonds tumbling on Friday even after...

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]]> Country Garden Holdings became the latest Chinese property developer to face investors’ ire, as doubts about its debt servicing ability sent its shares and bonds tumbling on Friday even after it got approvals from financial institutions to refinance part of a loan facility.

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]]> China Evergrande’s 30 per cent discounts get world’s most indebted developer within sight of sales goal, allay cash crunch fears https://www.scmp.com/business/commodities/article/3104874/china-evergrandes-30-cent-discounts-get-worlds-most-indebted Mon, 12 Oct 2020 07:05:16 +0000 http://know.creditsights.com/?p=2870 “The strong sales in September and October, if coupled with a healthy cash collection rate, will help the company generate the cash required to alleviate its tight liquidity position and...

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“The strong sales in September and October, if coupled with a healthy cash collection rate, will help the company generate the cash required to alleviate its tight liquidity position and address other upcoming debt obligations,” said Luther Chai, analyst with Singapore-based debt-research firm ׶Ƶ.

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