China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than India’s market cap
The market cap of the National Stock Exchange of India is $4.63 trillion, making it the third largest exchange in
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China Evergrande Group
China’s Country Garden gets liquidation petition from creditor
Country Garden said it will oppose the petition "vigorously" and seek legal measures to do so. A court hearing will
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IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot
The International Monetary Fund remained optimistic on India but warned of risks from China's deepening property sector crisis. Source link
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Evergrande shares halted after Hong Kong court orders liquidation
Shares of China Evergrande plunged over 20% in early trading on Monday before being halted. Source link
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Things about Asia’s markets you might not have known
HSBC Global Research recently revealed lesser known facts about Asian stock markets in 2023, and CNBC picked out three. Source
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China’s property ‘inventory overhang’ could take more than 10 years to correct, economist says
China existing housing inventory, along with the those currently under construction, could take up to 12 years to fully clear,
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Evergrande shares rise as court hearing to wind up property firm is postponed again
This comes as the embattled company faces a court hearing on Monday on whether Evergrande will shut down. Source link
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Evergrande shares fall 20% to all-time low as court adjourns winding-up hearing
Evergrande shares hit an all time low of 18.8 Hong Kong cents as a judge warned that it could be
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Country Garden draws closer to debt deadline, as default risk looms
All of Chinese property giant Country Garden's offshore debt could be in default if it fails to make $15 million
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