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Hong Kong Stocks Plunge to Losses for 4th Straight Year
Posted inChina China Economy Country Garden Economic Conditions and Trends Foreign Investments Hang Seng Index (Hong Kong) Hong Kong Hong Kong Stock Exchange Real Estate and Housing (Residential) Stocks and Bonds Two Thousand Twenty Three

Hong Kong Stocks Plunge to Losses for 4th Straight Year

Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.
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Posted by By Alexandra Stevenson
Country Garden Says Executives Have Not Fled China
Posted inBankruptcies China China Evergrande Group Country Garden Credit and Debt Foreign Investments Hong Kong Real Estate and Housing (Residential) Real Estate Brokers Stocks and Bonds Suits and Litigation (Civil)

Country Garden Says Executives Have Not Fled China

The company, one of China’s biggest property developers, took the unusual step of stating that the company’s founder and its chairwoman were “working normally.”
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Posted by By Daisuke Wakabayashi and Claire Fu
China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
Posted inBanking and Financial Institutions Beijing (China) China China Evergrande Group Country Garden Economic Conditions and Trends Foreign Investments Real Estate and Housing (Residential)

China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.
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Posted by By Alexandra Stevenson
Country Garden, Chinese Real Estate Giant, to Miss Debt Payments
Posted inChina Country Garden Credit and Debt Economic Conditions and Trends Real Estate and Housing (Residential)

Country Garden, Chinese Real Estate Giant, to Miss Debt Payments

The property giant is effectively declaring that it has defaulted on its debt, becoming one of the biggest casualties of China’s deepening property crisis.
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Posted by By Daisuke Wakabayashi

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