An aerial view shows the 39 buildings developed by China Evergrande Group that authorities have issued a demolition order on in Hainan Province, China, on Jan. 6, 2022. (Aly Song/Reuters)
Tag Archives: Evergrande
China’s Economy Has Collapsed, And It’s About To Bring The US Economy Down With It
(Daily Veracity) Similar to Japan’s devastating 80% market crash in the 1990s, China’s economy is about to experience the biggest crash in history that will take decades to recover from.
Evergrande Officially DEFAULTS: Contagion Risk Will Spread to Institutional Investors, Pension Funds, Crypto And More Throughout 2022
Deep Report
(Mike Adams) Evergrande, China’s Ponzi property developer, is now officially in default as Fitch has confirmed the indebted company has missed interest payments on bonds, with over $300 billion in bonds outstanding. Property developer Kaisa is also named in the default decision, and there are nearly a dozen other Chinese property developers that are widely believed to be on the path to default.
Did Mainstream Media Lie About Evergrande Having Made a USD ($47.5M) Interest Payment Friday?
Dr. Marco Metzler: Evergrande Missed Second Past Due Interest Payment In A Week-Is Bankrupt-Could Drag Down Real Estate Sector/HSBC & World Financial System
This past Tuesday I reported that Dr. Marco Metzler, former Fitch analyst and now of DMSA (Deutche Mrkt Screening Agentur GmbH) has announced that the past due interest payment on China Evergrande Group’s offshore international bonds that all of the western media reported as supposedly paid by Evergrande could not be confirmed. Today, he is stating that a second interest payment ($47.5 Million) allegedly made by Evergrande according to the western media last night has not been paid, once again contradicting mainstream media reports.
Beijing Orders Evergrande’s Multi-Billionaire Founder To Repay The Insolvent Company’s Debts
Hui Ka Yan, founder of China Evergrande Group, had once amassed a fortune of $42.5 billion, placing him at the top of the wealth rankings for all of Asia. But 73% of that immense fortune has now evaporated, and the tycoon will almost certainly lose even more as anxious creditors, suppliers and homebuyers besiege Evergrande’s offices.
But that’s not nearly enough for Beijing.
“Catastrophic” Property Sales Mean China’s Worst Case Scenario Is Now In Play
Why Evergrande Collapsed – Our Chinese Houses Crumbled
We explore our Chinese apartments, and how the downfall of Evergrande was written on the wall of every tofu building in China. This is only the beginning.
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Default Of Second Chinese Developer Sparks China Junk Bond Meltdown As Contagion Explodes
Enraged Evergrande Investors Go Full Pitchfork, Hold Management Hostage In Company Offices
Enraged Evergrande Investors Go Full Pitchfork, Hold Management Hostage In Company Offices
“He can’t leave the office. There are more than 300 of us (investors) stopping him…”
China Injects Most Liquidity Since February To Stem Evergrande Panic
“It’s fair to say that the Evergrande situation and its repercussions on the broader property market will have a far greater direct impact on Chinese growth than any of the other regulatory crackdowns.”
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How Evergrande Became Too Big To Fail And Why Beijing Will Have To Bail It Out
As Odds Of A Chinese Hard Landing Hit 30%, Here Is The Evergrande “Worst Case”
9/17 5 crucial facts about Evergrande, China’s imploding business empire – CNN
9/17 China’s nightmare Evergrande scenario is an uncontrolled crash – Yahoo!
China’s “Lehman Moment” Arrives On 13th Anniversary of Lehman Bankruptcy: Beijing Tells Banks Evergrande, World’s Largest Real Estate Developer, Won’t Pay Interest and Suspends Trading All It’s Bonds
Yesterday, when covering the non-stop drama surrounding China’s most insolvent property developer, Evergrande, we said that it would be remarkably ironic if Evergrande were to announce a default – which everyone knows is coming – today, on the 13th anniversary of Lehman’s bankruptcy filing on Sept 15, 2008.
Endgame Begins: Evergrande, World’s Largest Real Estate Developer Hires Bankruptcy Advisors to Screw Furious Investors Holding Hundreds of Billions in Bad Debt
It took Evergrande less than a day to go from denying “rumors” of bankruptcy (as per a statement posted on its website earlier today), to confirming that a bankruptcy is imminent.
Mobs of Screwed Evergrande Homebuyers and Employees Begin Protesting World’s Largest Real Estate Developer, Staggering Under Hundreds of Billions in Unserviceable Debt
In two separate protests, mobs of China Evergrande Group customers and employees demonstrated this week as the world’s largest real estate developer faces soaring probabilities of default.
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