Shares in China Evergrande, the real estate developer whose downfall led a collapse in the country’s property market, have been delisted from Hong Kong’s stock exchange as creditors work to wind up …
Evergrande delisting marks end of era for China’s property sector
Evergrande, the world’s most indebted property developer, has been officially ejected from Hong Kong’s stock exchange, bringing down the curtain on the public status of a company that embodied the …
Chinese property giant Evergrande delisted from Hong Kong stock market
Chinese property giant Evergrande delisted from Hong Kong stock market – China Evergrande’s delisting closes a chapter in country’s unprecedented property crisis …
Chinese property giant Evergrande to be delisted after spectacular fall
Evergrande was once China’s biggest property developer [AFP via ] Chinese property giant Evergrande’s shares will be taken off the Hong Kong stock market on Monday aft …
China’s property crisis has no end in sight
When China Evergrande, once the biggest Chinese property developer, went public in Hong Kong in 2009, the country’s real estate market was …
China Property Stocks Power Up as Traders Bet on Stimulus
Developer China Vanke led the property stock charge in Hong Kong, rising 15% to HK$5.97–on track for its largest one-day gain since February. That came after it reported a drop first-half revenue and …
Once a US$50b giant, Evergrande delisted in China’s property collapse saga
Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for …
Hong Kong’s Funding Cost Surge Is Another Headache for Stocks
Hong Kong’s stock market is facing another speed bump from a recent spike in local funding costs. The one-month Hong Kong Interbank Offered Rate, the city’s money market benchmark known as Hibor, has …
Banks see weakness in Hong Kong’s commercial property – CBRE says positive signs are returning
Marcos Chan, head of research at CBRE Hong Kong, says the vacancy rate in Hong Kong’s commercial property market is high – but things are slowly improving, as developers and clients gain confidence in …
CapitaLand Investment Weighs Rescue Capital for Hong Kong Firms
CapitaLand Investment Ltd. is considering providing rescue capital to listed Hong Kong companies as they would likely be among the first to benefit if the troubled property market recovers, according …