$CCC

PRICE

$ -

Last Close

VOLUME

0

DAY RANGE

-

52 WEEK

-

Join Discuss about CCC with like-minded investors

profile
@Renato_Decarolis #decarolis
recently

*Unicredit: S&P taglia rating della banca russa AO da BB+ a CCC-

56 Replies 9 πŸ‘ 7 πŸ”₯

profile
@Pyrognosis #droscrew
recently

That's why $HYG is so important as a sector. Fed has been supporting junk since COVID started. They can't just let rates on CCC companies explode. Can they?

46 Replies 11 πŸ‘ 10 πŸ”₯

TR
@trademaster #TradeHouses
recently

By Clare Jim, Anshuman Daga and Kane Wu HONG KONG/NEW YORK (Reuters) - Persistent default fears eclipsed efforts by China Evergrande Group's chairman to lift confidence in the embattled firm on Tuesday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy. Analysts played down the threat of Evergrande's troubles becoming the country's "Lehman moment," though concerns about the spillover risks of a messy collapse of what was once China's top-selling property developer have roiled markets. In an effort to revive battered confidence in the firm, Evergrande Chairman Hui Ka Yuan said in a letter to staff the company is confident it will "walk out of its darkest moment" and deliver property projects as pledged. In the letter, coinciding with China's mid-autumn festival, the chairman of the debt-laden property developer, also said Evergrande will fulfil responsibilities to property buyers, investors, partners and financial institutions. "I firmly believe that with your concerted effort and hard work, Evergrande will walk out of its darkest moment, resume full-scale constructions as soon as possible," said Hui, without elaborating how the company could achieve these objectives. Investors in Evergrande, however, remained on edge. Its shares fell as much as 7%, having tumbled 10% in the previous day, on fears its $305 billion in debt could trigger widespread losses in China's financial system in the event of a collapse. The stock ended down 0.4%. Other property stocks such as Sunac, China's No.4 developer, and state-backed Greentown China on Tuesday recouped some of their hefty losses in the previous session. The Hong Kong property sector index rose nearly 3%. "There must be negotiations behind the scenes about a systemic recapitalization (of Evergrande) by state proxies," said Andrew Collier, managing director of Hong Kong-based Orient Capital Research. "If one piece of Evergrande's debt is allowed to default, it would trigger questions about all of their remaining debt from investors and the government doesn't want a wider crisis like that," he said. The Chinese government has been largely quiet on the crisis at Evergrande in recent weeks. World stocks stabilised somewhat on Tuesday and oil prices recovered from the previous day's heavy selling, as investors grew more confident that contagion from the distress of Evergrande would be limited. However, the spillover concerns at least in the property sector remained. S&P Global (NYSE:SPGI) Ratings downgraded Sinic Holdings to 'CCC+' on Tuesday, citing the Chinese developer's failure "to communicate a clear repayment plan". Hong Kong-listed shares of small-sized Chinese developer Sinic plunged 87% on Monday, wiping $1.5 billion off its market value before trading was suspended. A major test for Evergrande comes this week, with the firm due to pay $83.5 million in interest relating to its March 2022 bond on Thursday. It has another $47.5 million payment due on Sept. 29 for March 2024 notes. Both bonds would default if Evergrande fails to settle the interest within 30 days of the scheduled payment dates. "I think (Evergrande's) equity will be wiped out, the debt looks like it is in trouble and the Chinese government is going to break up this company," said Andrew Left, founder of Citron Research and one of the world’s best known short-sellers. "But I don't think that this is going to be the straw that breaks the global economy's back," said Left, who in June 2012 published a report that said Evergrande was insolvent and had defrauded investors. SPILLOVER RISKS The Chinese government will help Evergrande at least get some capital, but it may have to sell some stakes to a third party, such as a state-owned enterprise, Dutch bank ING said in a research note. "The spin-off of non-core businesses, for example, those that are not residential real estate type businesses, will probably be done first," wrote Iris Pang, ING's Chief Economist, Greater China. "After that could come sales of stakes that are at the core of Evergrande's business," Pang said. Citi analysts in a research note said that regulators may "buy time to digest" Evergrande's non-performing loan problem by guiding banks not to withdraw credit and extend the interest payment deadline. Still, Citi said that while Evergrande's default crunch was a potential systemic risk to China's financial system, it was not shaping up as "China's Lehman moment". In any default scenario, Evergrande, teetering https://www.reuters.com/world/china/chinas-house-cards-evergrande-threatens-wider-real-estate-market-2021-09-14 between a messy meltdown, a managed collapse or the less likely prospect of a bailout by Beijing, will need to restructure the bonds, but analysts expect a low recovery ratio for investors. S&P Global Ratings said in a report on Monday it does not expect Beijing to provide any direct support to Evergrande. "We believe Beijing would only be compelled to step in if there is a far-reaching contagion causing multiple major developers to fail and posing systemic risks to the economy," the rating agency said. "Evergrande failing alone would unlikely result in such a scenario," S&P said.

79 Replies 7 πŸ‘ 14 πŸ”₯

OS
@oscarariveratrader #Market Masters Academy
recently

ccc C cccc

106 Replies 6 πŸ‘ 7 πŸ”₯

profile
@Pyrognosis #droscrew
recently

S&P GLOBAL DOWNGRADES EVERGRANDE AND SUBSIDIARIES TO CCC, OUTLOOK NEGATIVE –RTRS

62 Replies 13 πŸ‘ 7 πŸ”₯

profile
@Pyrognosis #droscrew
recently

not sure why higher rates help the CCC- cohort

144 Replies 15 πŸ‘ 8 πŸ”₯

profile
@Pyrognosis #droscrew
recently

The CCC bomb still has a lit fuse

118 Replies 7 πŸ‘ 9 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc Du wirst kein erfolg haben . Bis zur .N.Gruppe

73 Replies 12 πŸ‘ 8 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc Wir brauchen solche Leute wie Dich Hier nicht....

63 Replies 13 πŸ‘ 13 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc geh einfach ... wir wollen hier alle was lernen...

79 Replies 6 πŸ‘ 14 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc Du wirst hier kein Erfolg haben ...

64 Replies 9 πŸ‘ 8 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc kannst es gerne im privat chat ausrΓ€umen aber ich denke ich kenne dich wenn nicht ist doch alles bestens.

72 Replies 11 πŸ‘ 10 πŸ”₯

profile
@handynummer0173 #robertrother
recently

@hayo-ccc wie meinst du das ?

88 Replies 14 πŸ‘ 8 πŸ”₯

profile
@handynummer0173 #robertrother
recently

@hayo-ccc auf discord oder andere channel stehen wir nicht du kannst gerne hier schreiben oder es halt lassen

107 Replies 12 πŸ‘ 6 πŸ”₯

HO
@Hoenschi #robertrother
recently

@ hajo-ccc Willkommen wenn du es ernst meinst und Schande ΓΌber mein unbekanntes Haupt....

92 Replies 6 πŸ‘ 7 πŸ”₯

profile
@handynummer0173 #robertrother
recently

@hayo-ccc hier gibt es kein discord aber eine TΓΌr weiter bestimmt πŸ˜‰

131 Replies 8 πŸ‘ 6 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc gib mir einfach die letzten 2 stellen eiener Deiner Nummern hier im Chat...

42 Replies 10 πŸ‘ 8 πŸ”₯

profile
@Marcel_S #robertrother
recently

ccc kenne ich nur vom Chaos Computer Club

56 Replies 12 πŸ‘ 7 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc . Was ist mit dem Namen ?

86 Replies 10 πŸ‘ 6 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc Ich bin auch aus zeitlichen GrΓΌnden noch nicht so oft hier . Und auch fΓΌr viele unbekannt ... das ist dann halt so .... aber das was du geschrieben hast kenne ich

112 Replies 15 πŸ‘ 8 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc ich habe nicht freundlich reagiert, weil ich das Schema selbst mitgemacht habe 😷falls ich ich falsch liege tuts mir leid .... aber deine schreiben folgen dem muster das ich kenne...

74 Replies 9 πŸ‘ 11 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc Willst nur das Geld der anderen.... πŸ˜‰wie gesagt.... bist glaube ich..... hier falsch oder ich kann mich auch irren . Bin kein Moderator... Aber kenne die Taktik auswendig....

85 Replies 15 πŸ‘ 9 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc soll ich dich mit anderen namen ansprechen πŸ€·β€β™€οΈ kenne das auswendig

49 Replies 10 πŸ‘ 8 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc Du ! kenne deine Schreibweise ....

92 Replies 6 πŸ‘ 9 πŸ”₯

HO
@Hoenschi #robertrother
recently

@hayo-ccc geh einfach du hast hier keine Freunde . Kenne solche Leute wie dich das aus alten Gruppen

129 Replies 14 πŸ‘ 6 πŸ”₯

profile
@Marcel_S #robertrother
recently

@hayo-ccc was versprichst du dir von discord anstatt hier zu schreiben?

90 Replies 7 πŸ‘ 15 πŸ”₯

profile
@Pyrognosis #droscrew
recently

One reason RTY is under pressure is that that iswhere the weakest balance shhets and CCC ratings are.

103 Replies 8 πŸ‘ 10 πŸ”₯

profile
@Benlax #droscrew
recently

fun fact CCC was 32 times levered

88 Replies 8 πŸ‘ 13 πŸ”₯

Key Metrics

Market Cap

0

Beta

0

Avg. Volume

0

Shares Outstanding

0

Yield

0%

Public Float

0

Next Earnings Date

Next Dividend Date

Company Information

Website:

HQ: ,

Related News