China’s Country Garden Faces Winding Up Petition In Hong Kong
Posted inChina China Evergrande Group Country Garden Credit and Debt Foreign Investments Hong Kong Hong Kong Stock Exchange International Relations Real Estate (Commercial) Real Estate and Housing (Residential) Real Estate Brokers Stocks and Bonds

China’s Country Garden Faces Winding Up Petition In Hong Kong

Country Garden was once China’s biggest developer but ran out of money. A lender is taking it to court in Hong Kong, a sign of continuing market distress.
After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’
Posted inBanking and Financial Institutions China China Economy China Evergrande Group Consumer Behavior Country Garden Credit and Debt Economic Conditions and Trends Foreign Investments Hong Kong International Relations Mortgages Real Estate (Commercial) Real Estate and Housing (Residential) Regulation and Deregulation of Industry Stocks and Bonds

After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’

The forced liquidation of China Evergrande epitomizes the sector’s struggles: Nationwide, sales are down and millions of homes have been paid for but not delivered.