China Evergrande Group  has sought Chapter 15 bankruptcy protection in New York courts, according to reports Thursday. The developer earlier this month reported narrowing losses for 2022 as it reined in costs. Evergrande defaulted in late 2021. In recent sessions, investors have worried about another troubled Chinese developer, Country Garden Holdings, whose bonds were downgraded to deteriorating from stable by research company GimmeCredit on Wednesday.
[link] [comments] https://www.reddit.com/r/stocks/comments/15u26hs/chinas_evergrande_files_for_chapter_15_bankruptcy/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
