China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:17
Country Garden Crisis Deepens as Unit Halts Local Bond Trading
A crisis at Country Garden Holdings Co., formerly China’s biggest developer, deepened at the start of the week
2023-08-14 11:19
China Shadow Banking Giant Alarms Investors With Missed Payments
One of China’s largest private wealth managers is triggering fresh anxiety about the health of the country’s shadow
2023-08-14 11:16
Country Garden Poses New Risk for China’s Economy
One of China’s largest developers is wobbling and has less than 30 days to avoid a default on
2023-08-13 03:19
Bankman-Fried in Custody After Bail Is Revoked Over Leaks
FTX co-founder Sam Bankman-Fried was taken into custody after a federal judge revoked his bail less than two
2023-08-12 04:21
Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
2023-08-11 11:54
China’s Once-Top Builder Turns Into Penny Stock Amid Debt Woes
Country Garden Holdings Co., formerly China’s largest developer by sales, has become a Hong Kong penny stock amid
2023-08-11 10:29
Country Garden Billionaire Bags Big Payouts as Default Looms
Country Garden Holdings Co. bondholders are setting their sights on the company’s billionaire Chair Yang Huiyan to see
2023-08-10 22:15
Country Garden Shows Even China’s Once-Mighty Builders at Brink
China’s former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring
2023-08-09 12:47
Ex-FTX Executive Salame Talking to Prosecutors About Plea Deal
Ryan Salame, the former co-chief executive of FTX Digital Markets, is in negotiations with federal prosecutors to plead
2023-08-09 03:24
Huobi Gets $209 Million Injection From Justin Sun, Blockchain Firms Say
Crypto entrepreneur Justin Sun transferred more than $200 million of digital tokens to his exchange Huobi Global, according
2023-08-08 21:24
Bearish Bets on Country Garden Jump to Record as Doubts Grow
Short sellers are swarming over Country Garden Holdings Co. as the sixth-largest Chinese developer by sales faces increasing
2023-08-08 09:56