China’s Under-Developed CDS Market Worsens Real Estate Pain
After a major default, investor attention usually turns to the potential payout from credit default swaps, a type
2023-11-10 18:27
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:22
Shimao Slumps 58% After Posting Steep Losses in Delayed Results
Shimao Group Holdings Ltd. slumped by the most ever as trading resumed following a 16-month halt and the
2023-07-31 10:28
Evergrande Creditors Seized a $1.6 Billion Tower They Can’t Sell
Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a
2023-07-20 10:46
Chinese Developer’s $1.8 Billion Distressed Asset Gets Zero Bids
A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at
2023-07-05 11:20
How a Billion-Dollar Hong Kong Luxury Tower Highlights Developer Distress
The Corniche was supposed to generate HK$30 billion ($3.8 billion) in sales after the developers bought the land
2023-05-23 07:59
Corporate America Hit by Rate-Sticker Shock: Credit Weekly
Corporate America is waking up to what higher interest rates really mean. Companies across the credit spectrum are
2023-05-21 04:20
Builder KWG’s Shares Poised for Record Low After Latest Default
A Chinese developer which extended dollar bonds last year failed to make a principal payment on the debt,
2023-05-15 11:52