Sinic Holdings (Group) Co Ltd

Defaults loom over extra property builders as China reassures buyers on Evergrande

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Defaults loom over extra property builders as China reassures buyers on Evergrande

[ad_1] Aerial pictures of “river view home” on the aspect of the Yangtze River. Yichang, Hubei Province, Oct. 16, 2020. Costfot | Barcroft Media | Getty Photos The fallout in China’s property sector is exhibiting no indicators of abating, as extra builders face the specter of default — at the same time as uncertainty over … Read more

Chinese language developer misses bond cost as stress spreads past Evergrande disaster

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Chinese language developer misses bond cost as stress spreads past Evergrande disaster

[ad_1] A pedestrian crosses a highway in entrance of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Photos On the heels of Evergrande’s debt disaster, there are growing indicators of stress in China’s property market after one developer didn’t make a bond cost on Tuesday. Scores businesses have downgraded Chinese language builders … Read more