Evergrande (3333)

Latest

• Evergrande dollar debt revamp plan fails to cheer investors

  China Evergrande Group's offshore debt restructuring proposal, a test of investor sentiment towards the cash-squeezed property sector, failed to impress because of its long repayment period and lack of enough sweeteners, creditors and analysts said.

  23 Mar, 2023

  SOURCE: Reuters

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  Why Chinese property developers are accepting garlic as payment

  Chinese property was front of mind for many investors last year as we watched property developer Evergrande struggle with its $300 billion dollars in debt. Turn away for a few months and now Evergrande’s developer peers are accepting fruit and vegetables as payments. Chinese property developers are now accepting garlic in exchange for property. You heard that right. And no, garlic isn’t code. 500g of garlic will get you 5 yuan off your property. Or maybe more realistically, 5 tonnes of garlic will get you 50,000 yuan off your property. That’s a little over $7,000 US dollars.

  14 July

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  General

  Jim Chanos: China's 'leveraged prosperity' model is doomed

  Jim Chanos is a famous market short-seller who built a reputation on predicting the collapse of Enron early and shorting the stock. For the past decade, Chanos has been a skeptic of China’s economy and in particular, of their real estate boom.

  31st Oct, 2021

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  Why Are My Stocks in the Red?

  Have your stocks been down recently? Potentially seen some headlines about an imminent market crash? Well hey, volatility and surprises seem to be the never ending gift of 2021! On today’s episode we break down three of the biggest news stories that are playing a role in the current share market volatility.

  12 October

• General

  Evergrande: What happens next?

  Over the past few weeks, the world has been watching the Chinese real estate market and wondering if the debt problems there will spread to the rest of the economy, or even the rest of the world. In this explainer, the authors try to unpack what could happen next and why the possibility of an Evergrande collapse may not be the catastrophic event some market watchers predict.

  8th Oct, 2021

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  Woolworths' buyback, Evergrande's debt and expert's stocks for the next 5 years

  It's another chat episode! You've been talking non stop about the Woolworths buyback in the Facebook Discussion group, so Alec and Bryce give you the 101 on what's going on. Then the guys do a deep dive on Evergrande, break down the facts about the latest SPAC merger: $DNA, and compare their notes about a recent article on Livewire: 13 stock picks for the next five years.

  27 September

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  Will Evergrande Crash the World Economy?

  If Evergrand defaults as expected, will the global economy go belly up? Why did Australia ditch France for its submarines? How did Canva becoming an Australian tech legend and what happens now that Facebook knows that Instagram is toxic?

  22 September