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China Evergrande Faces Biggest Payment Test Yet

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China Evergrande Group faces its biggest test. The troubled property developer has to make coupon payments totaling $148.1 million for three dollar bonds before the end of 30-day grace periods Wednesday. Evergrande missed the initial interest deadlines last month. Stephen Engle reports on “Bloomberg Daybreak: Australia.”
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46 Comments

46 Comments

  1. @bankfinanzas6348

    January 14, 2024 at 5:31 pm

    greetings from PERU the Group EVERGRANDE It is just a political issue, not so much an economic one. The Chinese government will inject aid sooner or later.

  2. @AR-scorp

    January 14, 2024 at 5:31 pm

    Xi Xing is turning back China to old communist regime. Soon all private companies worth some value will be part of govt.
    Great going. Keep it up.

  3. @matthewpoteet8876

    January 14, 2024 at 5:31 pm

    German bondholders say its fake news that they are paying . They hold the bonds and have received no payment. China owns the media. The media can not be trusted on this issue.

  4. @user-nf7gt6wb9x

    January 14, 2024 at 5:31 pm

    恒大一跨台完都完了 1.8万亿的欠款

  5. @YouTubecensored

    January 14, 2024 at 5:31 pm

    This will not make it going broke

  6. @julesgiddings8747

    January 14, 2024 at 5:31 pm

    Absolutely non the wiser!

  7. @imeldomarcos4126

    January 14, 2024 at 5:31 pm

    U guys really need to move on from fud.

  8. @anilrai6918

    January 14, 2024 at 5:31 pm

    Nothing is too big to fail. Chinese government should not bail out these dying corp. look at america and how much it is costing tax payer money to keep those dying corps

  9. @edwillich1339

    January 14, 2024 at 5:31 pm

    There is nothing to support any payments have been made. This is just another CCP propaganda con job and US media is parroting what the CCP and financial institutions wants them to say. Just like the virus. Pathetic! True journalism is dead and the financial market is a huge Ponzi Scheme. It doesn't matter because this shit storm is coming whether they like it or not. Get your money out of the banks and buckle up.

  10. @susanturner8457

    January 14, 2024 at 5:31 pm

    Buy commie shares and bonds ! what could go wrong!

  11. @chx4eva

    January 14, 2024 at 5:31 pm

    Xi Jinping is crashing everything. He crashed bitcoin, Alibaba, Didi, tech companies, banks, now he's into real estate. He's just flexing his dikk trying to show all Chinese billionaires who's boss 🙄 meanwhile crashing the economy, obliterating hong kong, macau, next he has his dikk set on Taiwan

  12. @stuart4860

    January 14, 2024 at 5:31 pm

    look for the government to purchase take large equity in most of these companies that are on the verge, the real estate market is mad in China and it needs to be frozen for 4-5 years. even when they arrest and execute people, it doesn't stop the next guy

  13. @djcoded

    January 14, 2024 at 5:31 pm

    Bitcoin solves this

  14. @racmir5588

    January 14, 2024 at 5:31 pm

    Evergrande has made no payments, none!

  15. @jefthe1

    January 14, 2024 at 5:31 pm

    China is a Zombie economy at this point

  16. @toddm6999

    January 14, 2024 at 5:31 pm

    Japan's real-estate bubble of the 90's oh how history repeats itself….this Chinese fail is un recoverable. Just like in Japan.

  17. @bloedblarre

    January 14, 2024 at 5:31 pm

    Coupon repayment schedule: Dec 28 – $255.2m, Jan 22 – $117.5m, Jan 24 $235m, Feb 14 $2.1m, Mar 23 $2.1 BILLION, Apr 11 $1.5 BILLION. Tits up. China will not repay US debts back, no recourse for American investors and in return war between the US and China will ensue. Welcome to world war 3. Thinking of going long Bombardier, Raytheon, Lockheed.

  18. @jerichosharman470

    January 14, 2024 at 5:31 pm

    Ok if a math or company is paying with coupons that’s a sign they’re screwed

  19. @jerichosharman470

    January 14, 2024 at 5:31 pm

    Ever grande is paying with coupons ?

  20. @greatndit

    January 14, 2024 at 5:31 pm

    Evergrande still has about 3 billion USD
    Their debt is 300 billion usd
    For now they will pay , but sooner or later they will run out of money

  21. @HelptheBroncos

    January 14, 2024 at 5:31 pm

    Sooooo…..expect another '08 next year ?

  22. @edgardoromero9607

    January 14, 2024 at 5:31 pm

    What is the big problem? All the assets of Evergrande will be to pay its debts and then the buildings or other construction projects are sold, the company will disappear but many directors and owners of the company will end up in jail !!!

  23. @dumbmoneyape9946

    January 14, 2024 at 5:31 pm

    “ITS HAPPENING “

  24. @xrp-ben2723

    January 14, 2024 at 5:31 pm

    Defaulted. Hello System.

  25. @TARGINO83

    January 14, 2024 at 5:31 pm

    Não entendi nada.

  26. @kushkingla7385

    January 14, 2024 at 5:31 pm

    So the answer is to give more money to people that made bad decisions.

  27. @johnlee1876

    January 14, 2024 at 5:31 pm

    Too bad it didn't really default. I wanted that Chinese government to be destroyed!!!

  28. @Hooyahfish

    January 14, 2024 at 5:31 pm

    Are U.S. houses about to go on clearance?

  29. @bradmackie3476

    January 14, 2024 at 5:31 pm

    Come on America (private investor) bail them out. Capitalism and greed must survive

  30. @armchairwomanmao2922

    January 14, 2024 at 5:31 pm

    "Junk borrowers" …

  31. @FEELGOODGREEN

    January 14, 2024 at 5:31 pm

    BITCOIN IS HERE 🚀

  32. @F_P_

    January 14, 2024 at 5:31 pm

    AMC to the moon, bring on the crash!

  33. @patrickdidier5938

    January 14, 2024 at 5:31 pm

    USA (Bloomberg) you have enough to clean up in your own country without pointing fingers on others……!!! Evergrande is not the end of the world !

  34. @cruzmanakajolonar3717

    January 14, 2024 at 5:31 pm

    Ha! They defaulted! Shit!

  35. @e.sanoop110

    January 14, 2024 at 5:31 pm

    If the chinese govt were to bail out Evergrande, how many more indebted companies and industries can they really afford to bail out? Guys bailouts only causes problems in the future, its never a permanent solution to anything. Period😶🙄🙄😶

  36. @AKGamer-xk3eo

    January 14, 2024 at 5:31 pm

    so whether its capitalism or communism the politics win always kill the economics of the region

  37. @JohnSmith-ps7hf

    January 14, 2024 at 5:31 pm

    Karma will catch up with china.

  38. @philhampton9094

    January 14, 2024 at 5:31 pm

    Whether it's dems or reps or libs or whatever, the "government" doesn't look out for the masses.
    You need to work on securing yourself financially.

  39. @MrBoliao98

    January 14, 2024 at 5:31 pm

    Honestly, he will be able to pay, China wouldn't let him not pay, and he is not going to give up his Real Estate empire in China.

  40. @benfranklin9519

    January 14, 2024 at 5:31 pm

    Evergrande is still not bankrupt as Bloomberg has been predicting? Why?

  41. @findingmo7049

    January 14, 2024 at 5:31 pm

    The slow motion contagion. The writing is on the wall… why would anyone think there is any little hope for the Chinese developers to turn around the real estate market in China with all the mess they got themselves into? It’s a con move to keep their bond holders guessing that they will receive the payments, specially in USD.

  42. @MrZozue

    January 14, 2024 at 5:31 pm

    Time to start Operation Crash and Print !!!

  43. @frenchfrenzy1167

    January 14, 2024 at 5:31 pm

    Happy to help

  44. @stayprepared2388

    January 14, 2024 at 5:31 pm

    Who dare to ask evergrande to pay anything ? China police already activated.

  45. @khaoscip1234A

    January 14, 2024 at 5:31 pm

    Dollars bond, pay, bond, dollars bond, default, bond, junk, default, junk bond

  46. @okladood-adam2564

    January 14, 2024 at 5:31 pm

    Just pull the plug, not worth keeping the company on life support.

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Hungary Approves Legislation to Remove President, Orban Allies

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Hungary’s parliamentary vote to amend the constitution crowns a frenetic period of legislative activity since Prime Minister Peter Magyar pledged to reincarnate democracy in the country. The result removed the president, set a limit of three parliamentary terms for legislators and sent allies of former PM Viktor Orban in top courts into retirement. Bloomberg’s Zoltan Simon reports.
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Nasdaq President Sees SK Hynix Listing Growing Foreign IPO Pipeline

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