Kaisa Group
China’s Kaisa Group Holding under audit on order of Guangdong government
According to Caixin, auditing firm Pricewaterhouse Coopers (PwC) examined Kaisa Group Holdings' assets on behalf of the Guangdong provincial government to analyze the company's financial situation. Kaisa is one of a raft of liquidity-squeezed property developers in China. PwC has requested Kaisa entities to submit project information such as loan contract ...
Kaisa becomes China’s second real estate group in serious trouble after Evergrande
China's Kaisa Real Estate Group announced on Dec. 20 that it failed to pay interests for its U.S. dollar debts on time and will discuss a restructuring plan after the default. According to Secret China, Kaisa said it could not repay both principal and interest of $400 million foreign-currency-denominated bonds, which ...
Kaisa’s Stocks suspended from trading, company begins to restructure $12 billion debt
Chinese property developer Kaisa Group has begun restructuring $12 billion worth of foreign debt. It will be one of China's most significant debt restructures. The move comes after the group missed a bond payment deadline this week Reuters reported on Dec. 9. After China Evergrande Group, Kaisa is the second company ...
Chinese property giant Kaisa defaults as debt default wave continues
Evergrande announced on Dec. 3, 2021, that its first U.S. dollar bond would default after Kaisa's announcement that it would not be able to renew its overseas obligations. Kaisa Group, a Chinese property developer, stated on Dec. 3 that its request to extend its foreign bond obligation for $400 million had ...
China state council think-tank met developers, banks amid intense debt crisis
A think-tank of China's powerful state council had a meeting with real estate developers and banks in Shenzhen city on Monday, Nov. 8, amid increasing worries over a liquidity disaster in the country's property sector; Reuters cited a source with direct knowledge of the issue. China Vanke, Kaisa Group, Ping An ...
End of content
No more pages to load
Abandoned $9 billion skyscrapers: Yet China continues building nearly 4,000 more
Want a job in Dubai? Trafficking ring exposed, investigations point to Chinese operators
‘Double standards’: Indian government on China stalling bid to sanction Pakistan militant
New virus discovered in China, death rate could be up to 75
Urumqi city, Xinjiang: residents grab food in middle of the night, tourists flee overnight
Chinese appeal court rejects female intern's lawsuit against famous TV host
After the biggest loss in history, Japan's SoftBank reduces its stake in Alibaba
China's chip industry hope shattered: 8 officials fired and tens of billions wasted
COVID in China: Family stuck on highway for 3 days due to sudden lockdown
Bank cards restricted or frozen; customers in overwhelming confusion
China’s massive army recruitment: Preparing for war or reducing unemployment?
Thousand cars smashed by hailstorm; tropical storm Mulan prolongs nightmare in 'Chinese Hawaii'
COVID policy causes young Chinese to give up having children
Zero COVID’ makes Chinese young people afraid to have children
‘I have to fight with others for toilet’: Devoted Chinese scientist lives in a 150-square-feet room
On the ropes: After food crisis, Chinese regime to subsidize grain producing companies
Three more Chinese chip executives are under investigation
'Not even spare coffin money': Beijing rolls out housing loans for elders
Shocking Video of Chinese armed police drills
Many Chinese steel firms cut wages, suspend production, 30% will bankrupt
Tibet sees first COVID cluster in more than 900 days
Passenger killed after falling onto the train track in Beijing
Bad move: China's Foreign Ministry spokeswoman ridiculed after a Tweet on Taiwan restaurants
Chinese couples are afraid to have children due to high costs: expert
Tourist surge in Xinjiang may have caused latest COVID outbreak
-
![Abandoned $9 billion skyscrapers: Yet China continues building nearly 4,000 more]()
Abandoned $9 billion skyscrapers: Yet China continues building nearly 4,000 more
-
![Want a job in Dubai? Trafficking ring exposed, investigations point to Chinese operators]()
Want a job in Dubai? Trafficking ring exposed, investigations point to Chinese operators
-
![‘Double standards’: Indian government on China stalling bid to sanction Pakistan militant]()
‘Double standards’: Indian government on China stalling bid to sanction Pakistan militant
-
![New virus discovered in China, death rate could be up to 75]()
New virus discovered in China, death rate could be up to 75
-
![Urumqi city, Xinjiang: residents grab food in middle of the night, tourists flee overnight]()
Urumqi city, Xinjiang: residents grab food in middle of the night, tourists flee overnight
-
![Chinese appeal court rejects female intern's lawsuit against famous TV host]()
Chinese appeal court rejects female intern's lawsuit against famous TV host
-
![After the biggest loss in history, Japan's SoftBank reduces its stake in Alibaba]()
After the biggest loss in history, Japan's SoftBank reduces its stake in Alibaba
-
![China's chip industry hope shattered: 8 officials fired and tens of billions wasted]()
China's chip industry hope shattered: 8 officials fired and tens of billions wasted
-
![COVID in China: Family stuck on highway for 3 days due to sudden lockdown]()
COVID in China: Family stuck on highway for 3 days due to sudden lockdown
-
![Bank cards restricted or frozen; customers in overwhelming confusion]()
Bank cards restricted or frozen; customers in overwhelming confusion
-
![China’s massive army recruitment: Preparing for war or reducing unemployment?]()
China’s massive army recruitment: Preparing for war or reducing unemployment?
-
![Thousand cars smashed by hailstorm; tropical storm Mulan prolongs nightmare in 'Chinese Hawaii']()
Thousand cars smashed by hailstorm; tropical storm Mulan prolongs nightmare in 'Chinese Hawaii'
-
![COVID policy causes young Chinese to give up having children]()
COVID policy causes young Chinese to give up having children
-
![Zero COVID’ makes Chinese young people afraid to have children]()
Zero COVID’ makes Chinese young people afraid to have children
-
![‘I have to fight with others for toilet’: Devoted Chinese scientist lives in a 150-square-feet room]()
‘I have to fight with others for toilet’: Devoted Chinese scientist lives in a 150-square-feet room
-
![On the ropes: After food crisis, Chinese regime to subsidize grain producing companies]()
On the ropes: After food crisis, Chinese regime to subsidize grain producing companies
-
![Three more Chinese chip executives are under investigation]()
Three more Chinese chip executives are under investigation
-
!['Not even spare coffin money': Beijing rolls out housing loans for elders]()
'Not even spare coffin money': Beijing rolls out housing loans for elders
-
![Shocking Video of Chinese armed police drills]()
Shocking Video of Chinese armed police drills
-
![Many Chinese steel firms cut wages, suspend production, 30% will bankrupt]()
Many Chinese steel firms cut wages, suspend production, 30% will bankrupt
-
![Tibet sees first COVID cluster in more than 900 days]()
Tibet sees first COVID cluster in more than 900 days
-
![Passenger killed after falling onto the train track in Beijing]()
Passenger killed after falling onto the train track in Beijing
-
![Bad move: China's Foreign Ministry spokeswoman ridiculed after a Tweet on Taiwan restaurants]()
Bad move: China's Foreign Ministry spokeswoman ridiculed after a Tweet on Taiwan restaurants
-
![Chinese couples are afraid to have children due to high costs: expert]()
Chinese couples are afraid to have children due to high costs: expert
-
![Tourist surge in Xinjiang may have caused latest COVID outbreak]()
Tourist surge in Xinjiang may have caused latest COVID outbreak
