China Evergrande 3333

[behappyalways]

恒大跳票政府進駐 房企陰影下官方淡化風險｜方念華｜FOCUS全球新聞 20211206
https://m.youtube.com/watch?v=yiC5Xt7KZzY

[behappyalways]

Evergrande Says It’s Back to Work, But Homeowners Say Not Fast Enough | WSJ
https://m.youtube.com/watch?v=1asNsDsbPOE

[behappyalways]

Evergrande declared in default as huge restructuring looms
https://www.theedgesingapore.com/news/d ... ring-looms

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恆大舉白旗正式違約 中國房市政策恐逆轉鬆綁 TVBS文茜的世界周報-亞洲版 20211211 X 富蘭克林‧國民的基金
https://m.youtube.com/watch?v=P6QeQ4qWJdo

[winston]

not vested

Evergrande shares in trading halt after China orders demolition of newly built luxury apartments

By Samuel Yang

Evergrande had been ordered to demolish 39 luxury apartment buildings on the tropical island of Hainan within 10 days.

It is estimated the apartments are worth about 7.7 billion yuan ($1.7 billion).

Evergrande has more than $400 billion in debts.

Source: abc.net

https://www.abc.net.au/news/2022-01-03/ ... =291917007

[behappyalways]

New Evergrande protests amid reports troubled Chinese property giant ordered to raze development
https://m.youtube.com/watch?v=8NsOXuA-rxY

[behappyalways]

雪上加霜! 海南下令拆39棟樓 恒大開年急停牌｜方念華｜FOCUS全球新聞 20220103
https://m.youtube.com/watch?v=V_5fhkwcCZM

[behappyalways]

掰了恒大! 集團三支股急停牌 債務重組案將出爐｜方念華｜FOCUS全球新聞 20220321
https://m.youtube.com/watch?v=CgpZK6xwTS0

[winston]

State to help Evergrande as Hui reveals June EV date

China Evergrande (3333) plans to bring in state-owned Guangzhou City Construction Investment as a guarantor to restructure 3.25 billion yuan (HK$3.69 billion) worth of debts.

Evergrande said yesterday it would not be able to publish its financial results for last year by March 31 as the audit work has not been completed.

Source: AP

https://www.thestandard.com.hk/section- ... ne-EV-date

[winston]

not vested

Evergrande investors left baffled by US$2.1b in seized cash

by Rebecca Choong Wilkins

Investors of China Evergrande Group are still in the dark over just how US$2.1 billion (about RM8.86 billion) of deposits at its property services unit came to be used as security for pledge guarantees and seized by banks.

The third-party pledge guarantee wipes out most of Evergrande Property Services Group Ltd’s cash holdings.

Source: Bloomberg

https://www.theedgemarkets.com/article/ ... eized-cash