Aoyuan gets relief from debt restructure, as its fate stays tied to property market
Several courts have approved the struggling developer’s offshore debt restructuring plan, which will save Aoyuan billions of dollars in interest payments Key Takeaways: Aoyuan has restructured its offshore debt with…
CHINA BULLETIN: China Rallies Consumers, Banks, Huijin and Foreigners to the Economic Cause
In this week’s issue exports keep falling, tourism rebounds and Country Garden and Evergrande leave creditors guessing. On a scale of 1 to 100, we give the week a 45…
Small developers suffer quietly in shadows of Evergrande, Country Garden
Tanking shares and missed debt payments for smaller, privately owned names like Yuzhou, Times China and Aoyuan are a lesser-known story in China’s stressed-out real estate sector Key Takeaways: Shares…
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