developers Archives - Investment Watch Blog

Chinese developers have already pre-sold most of these properties with 100% advance payment and now they have run out of money with no new buyers the ponzi scheme falls apart. Two Chinese local banks enter bankruptcy procedures (and so it begins)

August 28, 2022 6:00 pmAugust 28, 2022 8:41 am

by silvertomars And so it begins … via Reuters: BEIJING, Aug 26 (Reuters) – China’s banking and insurance regulator has agreed in principal to allow two rural banks in Liaoning Province to enter bankruptcy proceedings, according to an official statement released …

More chinese real estate developers are close to default on their debt. The contagion is sparking fears

July 21, 2022 10:20 amJuly 21, 2022 9:33 am

by TheRealJugger more chinese RE developers are close to default on their debt the contagion is sparking fears pic.twitter.com/6yF3Dy0PKe — Alessio (@AlessioTMAD) July 21, 2022 China’s property bonds’ “graveyard”: pic.twitter.com/9kIQH9TgE9 — Natalia Gurushina (@NGurushina) July 20, 2022 China’s banks report …

China Property Developers: “When developers change auditors ahead of their full-year results season, it typically raises red flags regarding potential auditing issues and should lead to serious market concerns…”

March 23, 2022 10:18 am

A slew of Chinese real estate developers this week said they are either not able to release their financial results on time or have yet to set board meetings. Among them was troubled property developer Evergrande that hit markets last …

China’s property developers face bond payments worth $19.8 billion in the first quarter of 2022

March 1, 2022 9:30 pm

https://www.asiafinancial.com/china-evergrande-debt-crisis-five-developers-on-the-brink This year is likely to witness the collapse of more Chinese property firms as the China Evergrande debt crisis rumbles on. Tight funding access, falling sales and rising debt repayment pressures continue to intensify an unprecedented liquidity crunch for …

Fitch says a third of rated Chinese developers would face cash crunch in a scenario where sales fall by 30%… World Bank: Economic growth will slow sharply in 2022

December 31, 2021 1:48 pmDecember 29, 2021 1:14 pm

Fitch says a third of rated Chinese developers would face cash crunch in a scenario where sales fall by 30% China’s real estate sector has been hit by a debt crisis in recent months as the cash crunch of …

Coronavirus Microchip Implant is Voluntary, Developers Say

December 22, 2021 9:51 pm

by Chris Black We have great news for you, peasants: The Book of Revelations has become a documentary. https://twitter.com/AFP/status/1473326898004512778 Just like the covid vax, the mark of the beast, I mean the implantable RFID chip that will track your vax …

Seems like the nearly $4B raised would not last much longer. Developers Face $12 Billion Trust Payments: Evergrande Update. Need to pay $103B in the next 13 months.

December 1, 2021 10:21 am

China’s struggling real-estate firms had another miserable month in November as a slump in home sales deepened. The country’s builders are facing $12 billion in trust payments coming due in December, posing a major challenge for an industry whose liquidity …

City of St. Paul, Minnesota, institutes strict rent control… Housing developers immediately put projects on pause because they can’t turn a profit.

November 11, 2021 8:58 pm

It’s only been a week since voters in St. Paul, Minnesota, approved a sweeping rent control ballot initiative, but developers are already pausing projects while city leaders scramble to amend the most harmful aspects of the new law. In last …

China’s property developers are missing payments on OFF BALANCE SHEET DEBTS such as high-yield consumer products, secretive loans and private bond guarantees…. Situation is FUBAR.

November 10, 2021 11:28 am

China’s property developers are struggling to pay bills that many of their bond investors didn’t know were there in the first place. Missed payments on off-balance sheet IOUs such as high-yield consumer products, secretive loans and private bond guarantees have …

Chinese real estate developers have used off-balance-sheet vehicles to borrow money. Nearly every developer has borrowings in disguise.

October 21, 2021 12:58 pm

by KoreanBoyscout https://www.reuters.com/world/china/what-lies-beneath-hidden-debt-fears-feed-chinas-property-woes-2021-10-20/ “Nearly every developer has borrowings in disguise. The sector’s debt problem is worse than what you see,” said He Siwei, attorney at Hui Ye Law Firm. Chinese developers owed 33.5 trillion yuan ($5.24 trillion)through various channels at …

Evergrande Was Just 1st Domino? More Chinese Real Estate Developers Rapidly Missing Bond Payments

October 20, 2021 9:37 am

On Friday, another developer, China Properties Group, said it had defaulted on $226 million worth of notes. All eyes will be on Chinese real estate developer Sinic Holdings, which warned last week it’s not likely to repay offshore bonds worth …

HSBC Bank Is A Worse Problem Than Evergrande or Other Chinese Real Estate Developers?

September 23, 2021 3:34 pm

Is HSBC Bank a worse problem than Evergrande and other Chinese real estate developers listed on Hong Kong stock exchanges? Ashmore Among Top Funds With Exposure to China’s Evergrande https://www.bnnbloomberg.ca/ashmore-among-top-funds-with-exposure-to-china-s-evergrande-1.1653724

JUDGE: APPLE can’t force developers to use in-app purchasing…

September 11, 2021 9:17 am

Federal Judge Yvonne Gonzalez Rogers on Friday handed down a decision in a closely watched trial between Apple and Epic Games. Rogers issued an injunction that said Apple will no longer be allowed to prohibit developers from providing links or …

Beijing’s Squeeze on Fragile Real-Estate Developers Is Getting Real – Wall Street Journal Article

April 30, 2021 1:00 pm

by cbus20122 Read the article here: https://www.wsj.com/articles/beijings-squeeze-on-fragile-real-estate-developers-is-getting-real-11619682390 Getting completely lost in the current wild bull market is the fact that China’s markets and economy have been starting to once again show cracks and signs of weakness. A lot of that is a …

Almost one-third of Chinese cities are shrinking – but developers told to keep building

March 19, 2019 9:47 am

via scmp: Satellite imagery monitored the intensity of night lights in more than 3,300 cities and towns between 2013 and 2016 In 28 per cent of cases, the intensity of lights had dimmed, but urban planners are still assuming China’s urbanisation …

Chinese Property Developers Implode—-$55 Billion Debt Cliff Dead Ahead

January 18, 2019 1:52 pm

via Zerohedge: Earlier this month, when we reported that in the latest warning about China’s housing sector, the Communist Party’s People’s Daily warned that China’s regional economies need to reduce their reliance on the property market for growth and instead …