Markets on Alert as Evergrande Ordered to Demolish 39 Buildings on World’s Largest Artificial Island
By / January 3, 2022, 7:46 am EST

Trading of Evergrande shares was halted on Monday, but both digital asset and stock markets are shrugging off the news

Register Now
Podcast: Inflation, Evergrande’s Default, Bitcoin’s Next Moves
By / December 11, 2021, 9:23 am EST

Get your macro fix with Blockworks’ own Mike Ippolito and Mark Yusko.

Register Now
Evergrande Default Adds to Market Jitters
By / December 10, 2021, 11:09 am EST

Fitch Ratings downgraded the Chinese real estate developer to ‘Restricted Default’ on Thursday, amid restructuring plans that could leave offshore bond-holders taking a haircut.

Register Now
Bonds Sell-off on 6.2% CPI Print; Bitcoin Liquidations Spur Correction: Markets Wrap
By / November 10, 2021, 6:29 pm EST

CPI sees its hottest read in over 30 years of 6.2% year-over-year, BTC rallied on the inflation print but then corrected due to liquidations.

Register Now
Update: Evergrande Has Paid Part of $148.13M Interest Due, Yet DMSA Begins Bankruptcy Proceedings
By / November 10, 2021, 1:34 pm EST

Although DMSA claims that Evergrande didn’t pay its interest payments, a Clearstream spokesperson told Bloomberg it received overdue interest payments on three US dollar bonds issued by the Chinese developer.

Register Now
Evergrande Sells More Assets, Shares Halted in Hong Kong
By / October 4, 2021, 8:22 am EDT

China Evergrande Group is selling a $5.1 billion interest in its Evergrande Property Services Group to the 13th largest property developer in China.

Register Now
Evergrande Misses Bond Payment Due Date; Scrambles to Reduce Debt
By / September 29, 2021, 8:38 am EDT

The Chinese real estate developer is offloading a 20% stake in Shengjing Bank, to raise $1.5 billion of the $305 billion Evergrande owes creditors.

Register Now
Report: Chinese Authorities May Be Preparing for Evergrande’s Collapse
By / September 23, 2021, 4:38 pm EDT

Sources described the government’s actions as a way of “getting ready for the possible storm.”

Register Now
Crypto Market Loses $250 Billion as Evergrande Fears Mount
By / September 20, 2021, 12:46 pm EDT

A jittery day for both Wall Street and digital asset investors questioning whether Evergrande debt woes can be contained.

Register Now
Podcast: Evergrande Implosion, 800 Years of Inflation, and Crypto v. Web Growth
By / September 18, 2021, 10:02 am EDT

Get your macro fix with Blockworks’ own Mike Ippolito and co-host, Mark Yusko.

Register Now