Business
Evergrande Hires Financial Advisers to Assess Capital Structure
Sep.13 — Heavily indebted developer China Evergrande Group is facing even more pressure, hiring financial advisers to reassess its capital structure and help address its liquidity problems. The company warned there is no guarantee it will meet its financial obligations. Bloomberg’s Rebecca Choong Wilkins and Stephen Engle report on “Bloomberg Markets: China Open.”
source
Some 650 foreign and local executives, government officials and foreign diplomats are due to attend the Venezuela International Oil and Gas Summit starting Tuesday, with over 150 more on the waiting list. Patricia Garip reports from Caracas.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
LIV Golf filed for bankruptcy protection, a dramatic fall for the Saudi-backed league that had big ambitions to challenge the supremacy of the PGA Tour. Randall Williams has more on “Bloomberg The Close.”
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than “Bloomberg Surveillance.”
Chapters:
00:00 Fed Hold Bets, CoreWeave Stress and Tech Reset
05:10 Tech Reset Has Further to Go — Keith Lerner, Truist Advisory Services
17:39 Data Centers Become an Affordability Fight — Matthew Aks, Evercore
30:29 Citi Remains Constructive After FICC Trading Beat — David Livingstone, Citi
40:31 Long-End Treasuries Offer Good Value — Andrew Balls, PIMCO
55:25 Treasuries Are ‘Absolutely’ Still a Safe Haven — Priya Misra, JPMorgan Asset Management
1:07:03 Are We Past ‘Peak Anti-AI Sentiment?’ — Ariana Salvatore, Morgan Stanley
1:18:19 Credit Stress Isn’t Contagion Yet — Dominique Toublan, Barclays
1:28:26 Three Fed Hikes Are the Minimum — Calvin Tse, BNP Paribas
1:40:32 Not Ready to Step In on Chip Stocks — Stuart Kaiser, Citi
1:53:20 Chip Bounce Won’t Mean the Selloff Is Over — Jonathan Krinsky, BTIG
2:04:01 Investors Stay in Stocks as Bond Demand Grows — Rick Wurster, Charles Schwab
2:16:17 Anthropic Should Delay IPO Over AI Safety — Mark Levine, New York City Comptroller
——–
Watch it live every week day from 6-9 ET on Bloomberg Television, YouTube, Roku, Apple TV, Samsung TV, Android TV, Rakuten TV.
Watch more here: https://www.bloomberg.com/btv/series/bloomberg-surveillance
Subscribe and turn on notifications so you don’t miss any new Bloomberg Television videos: https://tinyurl.com/ysu5b8a9
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Follow Surveillance on X at: https://twitter.com/bsurveillance
Follow the hosts:
Jonathan Ferro: https://twitter.com/FerroTV
Lisa Abramowicz: https://twitter.com/lisaabramowicz1
Annmarie Hordern: https://twitter.com/annmarie
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
source
Equity markets steadied after a brief selloff in top-performing technology names, with Micron’s earnings taking on added significance as a test for the rally in artificial intelligence stocks. Micron’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade
00:00:35 – Markt Check
00:02:26 – Tech Losses Resume
00:04:46 – Burnham Seen As Shoo-In for UK PM
00:06:50 – Europe Heat Wave
00:08:01 – KNDS Intention to IPO
00:11:00 – Kospi, Asian Stocks
00:25:05 – Market Check
00:26:08 – Ten Years Since Brexit Vote
00:41:15 – Volatility Is Now a Feature, Not a Bug: MLIV
00:47:27 – Stock to Watch: Tech, Segro, Defense
01:05:47 – KNDS IPO
01:09:13 – Micron Earnings
01:16:51 – Europe Heat Wave
01:23:16 – Europe Commissioner for Competition Teresa Ribera
01:29:35 – Strait of Hormuz Transit Routes
01:33:26 – Chip Demand, AI Spending Test
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
“Russian sub-conventional activity will increase.”
Latvia Foreign Minister Baiba Braže warns that as Russia’s war in Ukraine continues, Europe could see an increase in cyberattacks, sabotage and hostile information operations.
source
-
Other3 years ago
Economic crisis Predictions|Bloomberg Surveillance 11/08/202…
-
Other3 years ago
Suppers Around The World – Tasty Recipes Please recognize th…
-
Food3 years ago
Kardea Brown’s Cheesy Hash Brown Casserole | Delicious Miss Brown | Food Network
-
Politics3 years ago
Russia hawks to Putin apologists: GOP stonewalls Ukraine aid, Tucker Carlson’s trip to Moscow
-
Other3 years ago
Giada De Laurentiis Makes Pan-Fried Zucchini w/ Anchovy Vina…
-
News3 years ago
White House warns of Russia invasion in Ukraine before end of Olympics
-
Other3 years ago
Just how beginner Vivek Ramaswamy is gaining some Trump foll…
-
Sports3 years ago
Top 10 Saves from Week 13 of the 2021-22 NHL Season
-
Other3 years ago
MaxMara Spring/Summer 2013 FULL SHOW|Milan Fashion Week MFW|…
-
Politics3 years ago
George Conway: ‘Lying, intimidating, bullying. That’s Trump at his worst, and that’s Trump always’
@willybyun1834
January 13, 2024 at 12:35 pm
This Chinese /Aussie girl with her thick Aussie accent is annoying just relishing at telling the story of ever grande s downfall
@qn5947
January 13, 2024 at 12:35 pm
China needs to round up all the executives and confiscate all their wealth to pay back all the little investors. If it is not enough, harvest all their organs to repay the small investors. This will teach others a lesson to control debts.
@ashamon99
January 13, 2024 at 12:35 pm
It better not be Pension Fund investors out of US.
@sarah117
January 13, 2024 at 12:35 pm
communism is
failing in china. when the deep state create a crash they consolidate and buy up everything. when patriots create a crash land rights and property right go back to the people ✌🏽
@JorgeRamos-xw6dy
January 13, 2024 at 12:35 pm
How ironic if China does not bail out a private corporation while the USA a "capitalist nation" does time and time again.
@mim8312
January 13, 2024 at 12:35 pm
Big whoop dee do! Unless these financial advisors have magical powers or can raise the dead (since Evergrande is effectively a dead duck), like Lazarous was raised, they will be useless.
@FF_AlohaEdition
January 13, 2024 at 12:35 pm
If jiang zemin has any connection to evergrande then xi and government won't step in to help for sure
@bexler53
January 13, 2024 at 12:35 pm
Evergrande> Lehman brothers on steroids'
@davz203
January 13, 2024 at 12:35 pm
so you have the equivalent of $180 billion in projects under development but are having issues paying $145 million in obligations????? what is their credit rating? this screams of issues in regulative structures …and makes very little sense
@privateconfidential7056
January 13, 2024 at 12:35 pm
china police have already be put on alert for any unrest. China new national security laws will shut down anyone who dare to ask for any payment from Evergrande.
@thomastan7511
January 13, 2024 at 12:35 pm
Too late.
@byram101
January 13, 2024 at 12:35 pm
This is squarely caused by the extortionary high land prices ( 60% of home prices ) that the CCP local governments charge to property developers. – There is no way for asset fire sales to occur. The state is also in a cash crunch making a bailout implausible. The endgame may be police and military intervention on the suffering homeowners and burned investors followed by media blackout and massive disinformation campaign. Welcome to my neighborhood!
@lilydev2808
January 13, 2024 at 12:35 pm
With millions of construction projects going on daily in China, it's a miracle to see such isolated corporations getting into financial difficulties without assistance from government.
@pn2543
January 13, 2024 at 12:35 pm
One thing the CCP will not do – bail out foreign bond holders
@shailjanigam2286
January 13, 2024 at 12:35 pm
China will fail ever grande to cool down the high house prices. THis is the end goal
@cosmo3665
January 13, 2024 at 12:35 pm
They should of hired financial advisors a long time ago…
@icerescuecaptain3372
January 13, 2024 at 12:35 pm
Mia Kalifa!?
@howardmaryon
January 13, 2024 at 12:35 pm
The “minor protests” about the loss of peoples life savings are taking place in a number of cities in China. The protestors are being beaten by security guards and arrested by police without having done anything illegal. Does this sound familiar?
@LordMacGyver13
January 13, 2024 at 12:35 pm
why the fck is she laphing? people loose their money
@hicham-bs2438
January 13, 2024 at 12:35 pm
it feels like this folks are joying inside while explaining the situation!!
@hvacdesignsolutions
January 13, 2024 at 12:35 pm
Wealth Management?
Ponzi scheme more like.
@gvbrandolini
January 13, 2024 at 12:35 pm
Interessante.
@charliepearce8767
January 13, 2024 at 12:35 pm
How nice everyone donating their money to help already rich men spend on their side chicks !
@saltymonke3682
January 13, 2024 at 12:35 pm
What do you expect?
Ghost cities will pop off at the end of the day.
300 Chinese real estate companies have gone bankrupt this year alone.
Chinese government won't bail 'em out because they want to "punish" their Real estate sector for their high risk-high interest loan spree that has been there for decades.
@galemartin9155
January 13, 2024 at 12:35 pm
I am sooo glad I took my money out of China. Get out while you can….this is going bad fast. Run! My guess….if you're not out by Friday it's over for your money. Run!!!
@Amarillobymorning777
January 13, 2024 at 12:35 pm
Too bad , people don’t understand that the government won’t generate money. any government.
The ones who made or created economic is the people.
The root of all evil is the love of the money.
@paulocruz1544
January 13, 2024 at 12:35 pm
this is the grandmother of bubbles
@tuw2528
January 13, 2024 at 12:35 pm
Commies need to expand their uyghur work camps to make more money to pay off their debt 😅
@darlington2870
January 13, 2024 at 12:35 pm
It's like I'm listening to fools…who tries to be smart
@GTRdeamon
January 13, 2024 at 12:35 pm
I am splitting up here. 1 part of me want this dedt boom to go down the drain. But part 2 is hesitant and would like Evergrande to survive, but with new owner. Cause when evergrande gå bankrupt and I am pretty sure It will, what will the consequences be for not only China, but also rest of the world. I mean with corona crisis not even finished yet, the last thing we need is a new global financial crisis to ad to corona crisis.
@DontUputThatEvilOnMe
January 13, 2024 at 12:35 pm
When a huge corporation needs to hire financially advisors to help them there is something wrong inside the company. Shouldn’t they have had financial advisors already since they are a huge corporation.
@whodoyouthinkheare
January 13, 2024 at 12:35 pm
My grandma always said back in 90's. Never deal with chinese
@zacharywaytan9580
January 13, 2024 at 12:35 pm
Chauffeur knowledge.
@lai5741
January 13, 2024 at 12:35 pm
come to see beauty gals, not news
@makedredd299
January 13, 2024 at 12:35 pm
Only the Talibans and more concentration camps can help China money now!
@Sidicas
January 13, 2024 at 12:35 pm
Stock investors can kiss their money good bye. At least the bond investors might get their money back. Blackrock over here saying that their Chinese stock investment products into Chinese real estate and similar are the best thing ever, but they don't care whether their customer investors gain or lose money because Blackrock makes money either way through expense ratios and fees.
@mr.goldfarmer4883
January 13, 2024 at 12:35 pm
Seems like those people calling the Chinese housing bubble for so many years, is on the verge of being prophets.
I'd love to see what people like Dalio et al would say when it happens, though guessing by his sinophilic stance he'd probably say "now is the best time to put the rest of your savings in China" or words with similar effect.
@SoilFirst
January 13, 2024 at 12:35 pm
Bankruptcy is the provided clarity.
@dilibau
January 13, 2024 at 12:35 pm
Either Beijing bails out EVG or we're going to witness a whole lotta pain in the markets in the coming months…Too big, too frail 😶
@ryurazu
January 13, 2024 at 12:35 pm
Lol "common propersity", nah you got rip off and bought into a scam
@808jspekeg6
January 13, 2024 at 12:35 pm
China market crash…..US market crash…….$GME goes 🚀🚀🚀🚀
@harryshen704
January 13, 2024 at 12:35 pm
I mean the US government took over fannie mae and freddie mac. I still remember those triple a MBS. Bailout!
@raywest3834
January 13, 2024 at 12:35 pm
Evergrande circles the drain . . .
@TyreMulisha
January 13, 2024 at 12:35 pm
KABOOM !!!!!!!!
@stephanienguyen6992
January 13, 2024 at 12:35 pm
No Bail Out
@user-bc3tq8pk9v
January 13, 2024 at 12:35 pm
Cute Grande Rebbeca
@lrm21
January 13, 2024 at 12:35 pm
The Chinese CCP fraud economy is finally falling apart.
@hadawaycolton4263
January 13, 2024 at 12:35 pm
I remember telling people that you think its `smart` to invest in china after they raised tariffs on us during the biden admin? People laughed, now people broke and I laugh.
@smeff099
January 13, 2024 at 12:35 pm
How deep of debt are they In? Are we thinking USA levels?
@sarahsfaithingodcongregati9147
January 13, 2024 at 12:35 pm
TRUMP 2024 🇺🇸 🇺🇲 Have Faith and Attend Mass on Sunday America. 🙏🙌. Jesus will cleanse the world of this socialist sickness 😷. STAY STRONG 💪💪🙏🙌 🇺🇸TRUMP 2024 🇺🇸 🇺🇲 FAITH AND GOD FOR TRUMP. TRUMP WILL GET PEOPLE BACK TO WORK. 🙌🙏💪FAITH, STRENGTH AND RESPECT AMERICA 🇺🇸 🇺🇲.