China’s troubled property developer Evergrande (3333.HK) faces liquidation after a Hong Kong court deemed the company incapable of delivering on its restructuring plan. Evergrande proposed a sweeping restructuring in late 2023 to avoid collapse under its massive $300 billion debt pile-up. Yahoo Finance’s Akiko Fujita breaks down the details, providing insights into how this could affect investors globally. #youtube #China #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or […]
A property crisis in China is deepening as the number of debt-ridden developers grows after Beijing capped their loans. Real estate giant Evergrande is struggling to pay back $300bn in loans. And the company is now fighting the demolition of dozens of apartment blocks. Al Jazeera’s Katrina Yu reports from Danzhou in Hainan province, China. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #China #Evergrande #EvergrandeCrisis
China’s second largest real estate developer Evergrande has been officially declared in default by credit agencies. The ramifications of this will be felt by homebuyers and millions who rely on the sector for employment. Al Jazeera’s @Katrina Yu reports from Suzhou, China. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #China #Evergrande
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#China #Evergrande #Chinaregulatorycrackdown Macrolens Chief Strategist & Managing Principal Brian McCarthy joins Yahoo Finance’s Alexis Christoforous to break down the impact on the global markets from China’s regulatory crackdown and Evergrande. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover […]
#China #Evergrandedebt #ChinaEvergrande Ed Yardeni, Yardeni Research President and Chief Investment Strategist, talks the implications of China Evergrande’s potential collapse. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical […]
