Tag - evergrande

 
Menu
Search
 
December 29, 2024
 

Today's print edition

Home Delivery
Subscribe for more access

EVERGRANDE

As China struggles with a slumping stock market and a collapsing real estate sector, commentary and even financial analysis Beijing deems negative are blocked.
BUSINESS
Jan 31, 2024
China’s censorship dragnet targets critics of the economy
The government's new information campaign about the economy is wider than usual censorship, with efforts now extending to mainstream commentary.
Evergrande, the world's most indebted developer with more than $300 billion of total liabilities, sent a struggling property sector into a tailspin when it defaulted on its debt in 2021.
BUSINESS / Companies
Jan 29, 2024
Embattled China Evergrande ordered to liquidate by Hong Kong court
A liquidation ruling of the developer which has $240 billion of assets will likely jolt already fragile Chinese capital and property markets.
Evergrande has become a poster child for China’s property crisis since the builder defaulted two years ago. It reported a combined loss of $81 billion in 2021 and 2022.
BUSINESS / Companies
Dec 4, 2023
Evergrande winding-up hearing in Hong Kong adjourned again
The world’s most-indebted property developer now has eight weeks to convince offshore bondholders to agree on a restructuring.
China Evergrande Group Chairman Hui Ka Yan
BUSINESS / Companies
Sep 27, 2023
Evergrande’s billionaire chairman Hui under police surveillance
Hui was taken away by Chinese police earlier this month and is being monitored at a designated location. It’s not clear why he is under surveillance.
China Evergrande has sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies undergoing restructurings from creditors that hope to sue them or tie up assets in the United States.
BUSINESS / Companies
Aug 18, 2023
China Evergrande files for protection in U.S. bankruptcy court
The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructuring.
Japan Times
ASIA PACIFIC
Aug 3, 2022
Sweeping mortgage boycott changes the face of dissent in China
While real estate has been the most common cause of protests in recent years, a coordinated boycott of this scale has never happened before in China.
Japan Times
BUSINESS
Aug 1, 2022
China Evergrande falls short of promised restructuring plan
Adding to setbacks, the company said in a filing Sunday that one of its units will need to sell shares of a bank in northeastern China, after losing an arbitration ruling.
Japan Times
COMMENTARY / World
Jul 28, 2022
Property crisis traps China into a market paradox
The effort to halt the spread of mortgage boycotts risks fueling the behavior officials are trying to prevent.
Japan Times
BUSINESS
Feb 1, 2022
Dashed dreams for China Evergrande's showpiece resort island
Officials in Danzhou city have ordered 39 of Ocean Flower Island's towers to be demolished over environmental and construction violations.
Japan Times
BUSINESS / Companies
Jan 12, 2022
World’s worst-performing bank lent billions to China Evergrande
Battered by mounting losses on loans to developers including China Evergrande Group, China Minsheng Banking Corp. saw their stocks tumble 31% in the 12 months through last week.
Japan Times
BUSINESS / Companies
Jan 5, 2022
Plan to demolish 39 towers in Hainan pose latest threat to Evergrande's fortunes
The order is among the most extreme in a spate of government actions to seize the firm's property and land holdings, underscoring risks to its most-prized assets.
Japan Times
BUSINESS
Dec 13, 2021
What could possibly go wrong? These are the biggest economic risks for 2022
Governments spent heavily to support workers and businesses in the pandemic. Many now want to tighten their belts.
Japan Times
BUSINESS / FOCUS
Dec 13, 2021
Abandoned projects shatter confidence in China’s home market
Across China, scores of unfinished apartment buildings — the legacy of a real estate boom gone awry in 2021 — are derailing countless dreams of owning a home.
Japan Times
BUSINESS
Dec 10, 2021
China Evergrande defaults on its debt. Now what?
A ratings agency's declaration confirmed what investors had already suspected, but they now must wait on a restructuring plan overseen by the firm hand of Beijing.
Japan Times
BUSINESS
Dec 8, 2021
Evergrande restructuring puts onus on China's Xi to limit contagion
For now, Chinese authorities plan to ring-fence Evergrande and limit contagion rather than orchestrate a rescue as they've done during past crises.
Japan Times
BUSINESS
Dec 7, 2021
Evergrande's debt deadline passes as Kaisa adds to China's property crisis
With $300 billion of liabilities, Evergrande is at the heart of a property crisis in China that has crushed almost a dozen smaller firms.
Japan Times
BUSINESS
Dec 6, 2021
After months of turmoil, restructuring of Evergrande debt looks imminent
The real-estate giant's situation poses a fresh test for Xi Jinping's government as it tries to rein in the country's financial excesses without derailing economic growth.
Japan Times
BUSINESS
Dec 3, 2021
Evergrande tycoon’s new banker is the ‘queen of shell companies’
China Evergrande Group billionaire Hui Ka Yan has turned to Pollyanna Chu, known for her connections to Hong Kong's tycoons, to help avert the collapse of his business empire.
Japan Times
BUSINESS
Nov 22, 2021
China property moguls use billions of their own cash on rescues
The move stands in contrast with counterparts overseas, where the concept of limited liability generally protects personal wealth from creditors' claims.
Japan Times
BUSINESS
Nov 17, 2021
One of Asia’s oldest hedge funds still bullish on distressed China debt
Hong Kong-based LIM Advisors has been buying distressed bonds in Chinese property developers even as the fallout from China Evergrande Group deepens.
Osamu Suzuki, who ran Suzuki Motor for five decades, dies at 94
Osamu Suzuki, a former president of Suzuki Motor, in October 2016
Uranium detected in extracted Fukushima nuclear fuel debris
Nuclear fuel debris recovered from the Fukushima No. 1 nuclear power plant No. 2 reactor
Flu cases surge above ‘warning’ levels in much of Japan
Authorities are calling for utmost vigilance as Japan heads into the New Year holiday season, when many people plan getaways.
Human error caused JAL jet collision at Haneda Airport: safety board
The wreckage of a Japan Airlines plane after a collision with a Japan Coast Guard aircraft, at Haneda Airport in Tokyo on Jan. 5, three days after the crash.
Japan drivers warned to steer clear of drunk pedestrians sleeping on road
A transport ministry panel experiments with a dummy to determine how quickly a person lying on the road during the night would be spotted when drivers use low and high beam lights.
The cultural luminaries we lost in 2024
One of conductor Seiji Ozawa’s most enduring contributions is the Seiji Ozawa Matsumoto Festival, which brings together young musicians and seasoned artists. The maestro passed away in February.
Bling-Bang, baby: The J-pop soundtrack of 2024
Hip-hop duo Creepy Nuts' uptempo “Bling-Bang-Bang-Born” quickly became a TikTok favorite after its release days into 2024, which helped turn the song into a Billboard Japan Hot 100 topper for 19 weeks before rising up viral streaming charts around the world.
Flu cases surge above ‘warning’ levels in much of Japan
Authorities are calling for utmost vigilance as Japan heads into the New Year holiday season, when many people plan getaways.
Dodgers voice Stephen Nelson paves way for Japanese Americans in media
Dodgers announcers Stephen Nelson and Jessica Mendoza pose with Ichiro Suzuki before a game against the Mariners in Seattle in 2023.
Start the new year not with one temple visit, but seven
At each shrine and temple, priests create festive, decorative go-shuin stamps, and you can collect the marks of all seven of the lucky gods on one piece of paper (called a shikishi) to serve as a good-luck talisman.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.
Is Japan ready for 60 million tourists?
By Kathryn Wortley

SUSTAINABLE JAPAN

Challenging spirit and teamwork keep ANA flying high
Challenging spirit and teamwork keep ANA flying high

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER