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Economy

“China property stocks tumble as Evergrande drops 25% on debt restructuring roadblock”

September 25, 2023

“Hong Kong-listed shares of embattled Chinese real estate firm Evergrande tumbled as much as 25% on Monday, after the company said that it would delay a debt restructuring meeting due later today. Shares of other major Chinese property stocks in Hong Kong… Continue Reading…

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Real Estate, Stocks

“China Evergrande shares tumble 25% after police detain wealth management staff”

September 18, 2023

” Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigation that could add to the property company’s woes. Evergrande, the world’s most indebted property developer,… Continue Reading…

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Business, Real Estate, Stocks

“China Evergrande crashes 87% to become a penny stock as the former $50 billion real estate giant reveals more steep losses”

August 29, 2023

“… …” https://finance.yahoo.com/news/china-evergrande-crashes-87-become-221139544.html

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Economy

“Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions to shore up confidence”

August 29, 2023

“…Despite the moves, foreign investors continue to flee Chinese markets. With Beijing cracking down on foreign consulting firms amid tensions between the U.S. and China and repeatedly requiring investment firms to avoid selling stocks when markets look shaky, investors seem increasingly nervous about the… Continue Reading…

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Business

I noticed its not easy to find economic news on China…

August 15, 2023

I did some digging and I found some good resources for news happening in China. info is hard to come by because of all the white washing in news articles. It makes it hard to understand whats going on. It’s… Continue Reading…

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Economy, Stocks

“China Stocks Drop as More Grim Economic Data Outweigh Stimulus Measures”

August 15, 2023

Chinese stocks continued to slide lower on Tuesday amid further signs that the world’s second-largest economy is in retreat. Not even substantial stimulus measures from China’s central bank have been enough to fully stem the bleeding in the stock market.… Continue Reading…

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Real Estate

“China’s Economic Woes Deepen With Housing Market Slump”

August 14, 2023

“The numbers follow economic news in the past week that showed deflation arriving in July as manufacturers and retailers cut prices in a bid to lure buyers and move excess stock. Exports and imports also plunged more than expected, while… Continue Reading…

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Business, Stocks

“China Hedge Funds in Crisis After Losses, US Investor Retreat”

August 14, 2023

“…The number of active China-focused hedge funds has slipped for the first time since at least 2012, with only five new funds launched this year as of June, according to data from Preqin Ltd. Another 18 funds were liquidated, the… Continue Reading…

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Economy

“China Market Turmoil Amps Up Pressure for Policymakers to Act”

August 14, 2023

“Renewed concerns about the property sector, missed payments by one of the nation’s largest private wealth managers, unprecedented losses at China-focused hedge funds and the threat of deflation have all combined to deal a blow to investor sentiment. A gauge… Continue Reading…

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Banking, Economy

“China Finance Giant’s Missed Payments Alarm Regulators, Markets”

August 14, 2023

“One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield investment products. The turmoil at Zhongzhi Enterprise Group Co., a secretive financial conglomerate that… Continue Reading…

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