China's major real estate players have been defaulting on their debt payments amid the Evergrande crisis. Three more Chinese companies have now reportedly run out of cash.

Chinese companies default amid rising debt bubble

Evergrande owes more than 300 billion dollars to its creditors in China and around the world. The China central bank is calling it an 'individual case', ignoring the fact that millions could lose money as the real estate giant stares at bankruptcy.

'Risks from Evergrande is controllable,' China breaks silence on crisis

China's central bank on Friday broke its silence over Evergrande's debt troubles as it said that the risk of spillover from the property giant to the financial sector was "controllable," state media reported.

Evergrande risks 'controllable', says China's central bank

China is in a crackdown mode. From tech to education to real-estate, even gaming has not escaped the reach of the Communist Party of China (CCP). Though the entire and clearest picture as to why the state has resorted to such measures is yet to fully come to light, media reports are rife with claims from experts around the world who say that this is an attempt by the Chinese state to rein in 'out of control' sectors and assert its primacy in China's internal affairs.

Opinion | Is China's Xi Jinping repeating Mao's mistake?

Evergrande groups offshore bondholders are now concerned that it is now close to defaulting on debt payments and wants more clarity and transparency.

World Business Watch: Evergrande woes hit China property bonds

Another Chinese homebuilder has hit financial trouble after it missed payments on debt obligations, adding to worries over the country's property sector as embattled giant China Evergrande teeters on the brink of collapse.

Chinese developer Fantasia fails to make debt payments

Trading in shares of debt-laden China Evergrande was suspended on Monday after it missed a key bond interest payment last week, its second offshore debt obligation in a week, with market watchers jittery as the group’s troubles unravel. Watch this report for more details.

Shares of China Evergrande and property services unit suspended: HKEX

In what can be another blow to reputation of China's debt-laden Evergrande, Hong Kong stock exchange said that it had suspended trading in its shares. The action has come days after some bondholders said the property developed had missed the second payment of interest on bonds.

Hong Kong Stock Exchange halts trading of Evergrande shares

At least some of China Evergrande's offshore bondholders had not received a due coupon payment by the close of Asia business on Wednesday. Watch this report for more details.

China's Evergrande crisis: Offshore bond coupon payment to be missed

Cash-strapped China Evergrande Group left its offshore bondholders guessing whether it would pay interest on a bond coupon due Wednesday despite agreeing to settle debt with a Chinese bank in a $1.5 billion stake divestment deal. Watch this report for more details.

China’s Evergrande sells $1.5 billion bank stake amid crisis

Tencent Holdings` WeChat platform has blocked at least eight instant messaging groups used by people in China owed money by cash-strapped property giant China Evergrande Group, group members said on Wednesday.

WeChat blocks China Evergrande messaging groups, some users say

Beijing is prodding government-owned firms and state-backed property developers such as China Vanke Co Ltd (000002.SZ) to purchase some of embattled China Evergrande Group's (3333.HK) assets, people with knowledge of the matter said.

China asking state-backed firms to pick up Evergrande assets

Evergrande, the embattled Chinese real estate developer, said Wednesday that it was selling a stake it held in Shengjing Bank for about $1.5 billion, with the proceeds going toward paying down its debts.

Evergrande sells $1.5 billion stake in a bank to help settle debts

Last week, Evergrande missed a payment deadline. Communist Party officials have been ordered to "look out for budding protests" & "monitor aggrieved home buyers". Palki Sharma tells you how China is trying to hide a financial crisis.

Gravitas US Edition: China's Communist Party orders a crackdown to "hide" a financial crisis

China Evergrande slipped toward a kind of limbo on Friday as time ticked away on an interest payment deadline which global markets are watching for signs of default, leaving investors on tenterhooks over the embattled property giant’s fate.

China Evergrande bondholders in limbo over debt resolution

China Evergrande Group (3333. HK) dollar bondholders were still waiting for information about a key interest payment due Thursday that has kept global investors on tenterhooks, but the property developer was instead expected to provide more clarity in the coming month, a source familiar with the situation said. Watch this report for more details.

Evergrande bondholders seek clarity on payments | World Business Watch

Global investors are in guessing mode as a crucial date for a key interest payment passed without a comment from indebted property company Evergrande. There are fears that China will let bondholders abroad swallow large losses.

Evergrande investors in dark as no news on interest payment emerges

Just as Thursday deadline for a dollar-bond coupon loomed large for indebted Chinese property giant Evergrande, its chairman Hui Ka Yan sought to assure investors that the firm would make it a top priority for them to be able to redeem their products.

Evergrande chairman reassures investors, shares surge

Troubled Chinese housing giant Evergrande said on Wednesday that it has agreed a deal with domestic bondholders that may allow it to avoid default on one of its interest payments.

China's crisis-hit Evergrande says deal has been reached to avoid default

US stocks sank on Monday over fears of collapse of Chinese property giant Evergrande. The Dow lost 1.8 per cent and the S&P 500 index fell 1.7 per cent. The grim performance at the stock exchange was further fuelled by US inflation including surging COVID-19 infection and weakness in global recovery.

US stocks slide over fears of China property giant Evergrande's collapse

Evergrande, the biggest real estate developer in China, which is staring at bankruptcy, hit the world’s biggest fortunes, with the richest people losing billions of dollars.

Elon Musk, Jeff Bezos, others lose over $26 billion wealth due to Evergrande crisis

Evergrande is scrambling to repay its lenders, suppliers, and investors due to a cash crunch. The Chinese property giant is on the brink of collapse.

Evergrande scrambling to repay its lenders due to a cash crunch

Fears of contagion from the potential collapse of battered Chinese real estate giant Evergrande sent property shares plunging in Hong Kong on Monday, with the firm expected to default on upcoming interest payments this week.

Evergrande contagion fears hit Hong Kong stocks, with default expected

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