Full record

Hiteconomy

More Chinese real-estate developers will default following Evergrande and Kaisa.

A scored prediction by Tom Nash, made on .

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Scored prediction

Hiteconomy

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More Chinese real-estate developers will default following Evergrande and Kaisa.

Made on
2021-12-09
Outcome
Hit
Importance
3 / 5
Effect on score
+2.86

What counted as right

Status
resolved
Settled on
2022-05-12

At least one additional major Chinese property developer defaults within ~12 months of 2021-12-09.

Criterion (at least one additional major Chinese property developer defaults within ~12 months of 2021-12-09) is comfortably met and over-satisfied: Sunac (May 2022) and Shimao (Jul 2022) are two clear major additional defaults, with more than a dozen developers reported to have defaulted on domestic/offshore bonds over the period, all before the Dec 9, 2022 deadline.

Sources

  • China's Evergrande and Kaisa Group Officially Default

    YouTube ·

    Source

Evidence of what happened

  • Sunac China — one of the country's largest developers and a top-five property bond issuer — failed to make coupon payments in May 2022 and defaulted on its dollar bonds, a major additional default after Evergrande and Kaisa.

    Evidence

  • Shimao Group, a large Shanghai developer, defaulted in July 2022 after failing to pay $1.02 billion in principal and interest on 4.75% senior notes — a further major additional default.

    Evidence

Corrections

No public corrections.

Effect on the score

+2.86
How sure they sounded
85%
Outcome
Hit
Importance
3 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

More Chinese real-estate developers will default following…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2021-12-09

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