Tag: Fitch
Trading in Evergrande shares suspended again
Dusseldorf It is a heavy blow for the heavily indebted real estate group Evergrande: The developer has to demolish 39 luxury vacation properties on the popular holiday island of Hainan…
Trading in Evergrande shares suspended again
Hong Kong The shares of the ailing Chinese real estate company Evergrande were suspended from trading on the Hong Kong Stock Exchange on Monday. The exchange announced this without giving…
China Evergrande shares show their biggest daily gain since September
Evergande in Wuhan A pedestrian walks past the construction site of a China Evergrande Group development in Wuhan, China, on Wednesday, Dec. 22, 2021. Defaulter China Evergrande Group is prioritizing…
With Bitcoins out of the debt trap
Asia Techonomics In the weekly column, we alternately write about innovation and economic trends in Asia. (Photo: Klawe Rzeczy) The communist-ruled one-party state of Laos had a clear opinion on…
Credit Rating Agency Fitch: “Improved Regulations Can Eliminate Stablecoin Risks”
In its report published on Tuesday, Fitch Ratings stated that with the finalization of remedial regulations regarding stablecoins, the risks will decrease, thus encouraging financial institutions to invest. Fitch, one…
Evergrande shares: bright spot for Chinese real estate stocks
The headquarters of the Chinese real estate company Evergrande The Evergrande debt crisis is at the center of the turmoil in the Chinese real estate market. (Photo: dpa) Frankfurt The…
Kaisa creditors have not yet requested any early repayment
Beijing The ailing Chinese real estate group Kaisa is apparently getting a delay from its creditors when repaying prematurely due bonds. The company has not yet received a request from…
How life insurers reinvent themselves in times of need
Munich, Frankfurt The need is increasing from year to year, as the letters from life insurers to their customers have shown impressively in the past few days: R + V…
Turkish stock index reaches further highs
Istanbul Stock Exchange The leading index of the Istanbul Stock Exchange keeps reaching new records. (Photo: Bloomberg) Istanbul It is a paradoxical development: the Turkish lira has lost more than…
Fitch sees Evergrande and Kaisa defaulting on payments
Beijing The heavily indebted Chinese real estate developer Evergrande continues to move towards the abyss. As the first of the major international rating agencies, Fitch further downgraded Evergrande and its…
Evergrande and Kaisa are about to default
Evergrande A catastrophic failure could have repercussions on the entire industry, which contributes around a quarter of China’s gross domestic product. (Photo: AP) Beijing The Chinese real estate developers Evergrande…
Evergrande and Kaisa are about to default
Evergrande A catastrophic failure could have repercussions on the entire industry, which contributes around a quarter of China’s gross domestic product. (Photo: AP) Beijing The Chinese real estate developers Evergrande…
Evergrande and Kaisa are about to default
Beijing The Chinese real estate developers Evergrande and Kaisa are on the verge of default. The rating agency Fitch set its rating for both companies to “Restricted Default” on Thursday…
Trading in shares of the Chinese real estate company Kaisa suspended
Property of the Kaisa Group in Beijing The crisis in the real estate sector in China is getting worse. Trading in shares of the ailing Chinese construction company Kaisa has…
“The Scary Wave” Fitch Awaits These Lows In Gold Price!
The US-based rating agency Fitch Ratings has released its latest report, which includes gold prices and mining price forecasts. According to the report, the organization expects a long-term decline in…
Exchange on November 19th: Six points that are important for investors today
Friday is the small expiry day on the stock market. Before the trading session, the Dax is trading close to its record high. It could rise above the mark of…
November 12th stock market: Five things to consider for investors today
After a week of records, Friday will be about whether the Dax can hold this level. Investors get to see company figures again. .source site
New deadline for Evergrande ends Wednesday
Kaisa headquarters in Beijing The Chinese real estate developer is wavering – and is fueling fears of a major real estate crisis. (Photo: Reuters) Frankfurt, Beijing, Düsseldorf In China, after…
November 5th Stock Exchange: Five Points To Consider For Investors Today
If the Dax manages to defend the 16,000 point mark, that would be a sign of strength. However, the environment invites profit-taking. .source site
Stock Exchange on October 29th: Five Points To Consider For Investors Today
The 16,000-point goal moved back into the distance on Thursday. At the end of the week, two Dax companies, Daimler and MTU Aero Engines, presented their figures. .source site