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China's major banks have been notified by the housing authority that Evergrande Group won't be able to pay loan interest due Sept. 20, a media report says, underlining the broadening impact of the property developer's liquidity crisis https://t.co/dRBmiMFnmc pic.twitter.com/NjvYOQ0Kt7
— Reuters (@Reuters) September 15, 2021
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Some #realestate giants have encountered difficulties in their operations, and the impact on the industry still needs to be observed, an official from China's statistical bureau said on Wednesday responding to a question on #Evergrande's default risk. https://t.co/PWz39BQSK5
— CGTN Business (@CGTNBusiness) September 15, 2021
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Mass protests against #Chinese real estate company Evergrande in Shenzhen amid possible bankrupcy#China pic.twitter.com/p4rZ07qxQX
— RawNews1st🎥📰 (@Raw_News1st) September 14, 2021
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https://t.co/lmhgFBDCM9 pic.twitter.com/sM6BzD70ph
— KittyPooh (@KittyPo80176717) September 14, 2021
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Doomsday For Evergrande Arrives As Creditors Demand “Immediate” Payment, Bonds No Longer Eligible Collateral https://t.co/w3I6hwdndy
— The Political Hedge (@politicalHEDGE) September 14, 2021
September 5, 2021 #WallSt
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China’s #Evergrande:
— Gold Telegraph ⚡ (@GoldTelegraph_) September 6, 2021
– $300 billion in liabilities
– $7.4 billion in bonds due in 2022
– Bonds are now suspended
– Already missed debt payments this year
– Chairman recently stepped down from key unit role
This could destabilize global markets.
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Employees of #Evergrande, largest real estate developer in #China, shouting "Return my hard-earned money!" outside the company as Evergrande is not paying them. Is the bubble finally bursting? I kind of "predicted" it last year. Watch my show here: https://t.co/a4XbIoWtqh pic.twitter.com/yi5rZfm7TP
— Jennifer Zeng 曾錚 (@jenniferatntd) September 7, 2021
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Reposting now photos will load, here’s another of an exhausted Du Liang facing questions from an investor with a fainted woman in the foreground pic.twitter.com/rZXwnHLySg
— David Kirton (@DavidKirton_) September 13, 2021
“Evergrande return our money!” pic.twitter.com/F6zbJu21jF
— David Kirton (@DavidKirton_) September 13, 2021
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https://t.co/9Y4W7K1CHt and everyone thought the WMP problem had disappeared. Well, investors in wealth management products issued by Evergrande are gathering at the HQ demanding overdue repayments. These products are often marketed as “risk free”. WMP or more of a WMD?
— Michael Roat (@RoatMichael) September 13, 2021
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Posobiec: “Soho China just plummeted 40% after Blackstone take over falls apart. They can see the bearish signs ahead for China.”
— gc 🇺🇸 (@GC_ApeStrategy) September 13, 2021
Bannon: “Evergrande has $300 billion… it’s the lao bai xing (working class) our allies in China have these savings… & they’re being wiped out.” pic.twitter.com/DqxiO3j933
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https://twitter.com/FinanceLancelot/status/1436725114905710604?s=19