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China Property Stocks, Bonds Jump on Proposal for Home Purchases
Bloomberg via Yahoo Finance· 1 week agoTheir high-yield bonds also advanced. Most Read from BloombergUS Inflation Data Was Accidentally...
Evergrande’s EV Arm Chased to Repay Subsidies in Latest Blow
Bloomberg· 2 days agoThe electric vehicle unit of embattled real estate developer China Evergrande Group is being pursued...
China is kicking off a $138 billion bond sale to help boost its flagging economy
Business Insider· 2 weeks agoBeijing will issue a tranche of 30-year bonds on Friday as part of sales intended to raise $138...
Oaktree’s Inter Milan takeover deals final blow to Zhang’s Suning business empire
South China Morning Post· 1 day agoFollowing a failed investment in an Evergrande subsidiary and slipping sales at its retail arm,...
China Evergrande’s EV unit told to repay US$268 million of government subsidies
South China Morning Post· 2 days agoChina’s securities watchdog slapped a 47 million yuan fine on founder Hui Ka-yan and barred him from...
Evergrande Founder’s Seized HK Mansion Sells at Discount
Bloomberg· 4 days agoChina Evergrande Group Chairman Hui Ka Yan’s former mansion in Hong Kong was sold at a significant discount, according to a person familiar with the matter.
China plots to buy millions of unsold homes amid property crisis
The Telegraph via Yahoo Finance· 1 week agoBloomberg said the proposals are still in the early stages but represent a scaled-up version of...
China Is Finally Getting Serious About a Housing Rescue
The Wall Street Journal via Yahoo Finance· 1 week agoSales have crumbled and construction has ground to a near-halt. Since the start of the downturn,...
Analysts reboot Alibaba stock price target after earnings
TheStreet via Yahoo Finance· 1 week agoEvergrande and other Chinese property developers experienced financial stress in the wake of...
Chinese Junk Bonds Jump to Three-Year High on Property Stimulus
Bloomberg via Yahoo Finance· 1 week agoBloomberg) -- China’s junk dollar bonds are rallying to their highest level in three years amid...