Searched for
CHINA EVERGRANDE DEBT
Worsening crisis at Evergrande, world's most indebted developerThe chairman of China Evergrande Group, the world's most indebted property developer, has been placed under police surveillance, raising fu...27 Sep, 2023, 06.34 PM IST- What's in store for China Evergrande with its chairman now under police watch?China Evergrande Group's chairman, Hui Ka Yan, has reportedly been placed under police surveillance, adding to uncertainties surrounding th...27 Sep, 2023, 01.34 PM IST
- Evergrande's debt revamp to provide roadmap on tackling China property crisis"We're all waiting for Evergrande's proposal to get an idea of the terms and it'll set a benchmark," said a senior executive of a property ...25 Jul, 2022, 01.57 PM IST
- China Evergrande says construction resumes at 91.7% of projectsCompany Chairman Hui Ka Yan vowed in a meeting on Sunday to deliver 39,000 units of properties in December, compared with fewer than 10,000...30 Dec, 2021, 01.13 PM IST
- EXPLAINER-What's next for China's Evergrande after missing coupon paymentsEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...07 Dec, 2021, 12.39 PM IST
- Investors await Evergrande's overdue $148 million payment as debt woes growDespite the debt woes of Evergrande, its electric vehicles (EV) unit is pushing ahead with its business plan. The unit is seeking Chinese r...10 Nov, 2021, 01.51 PM IST
- Developer Evergrande says 57,400 properties handed to buyersTroubled Chinese developer Evergrande has delivered over 57,400 units to buyers between July and October, in the latest bid to calm worries...03 Nov, 2021, 12.48 PM IST
- China Evergrande shares fall on persistent pressure from debt travailsChina Evergrande Group is reeling under more than $300 billion in liabilities, fuelling worries about the impact of its fate on global mark...27 Oct, 2021, 11.52 AM IST
- Explained: How China Evergrande's debt troubles pose a systemic riskEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...22 Oct, 2021, 12.31 PM IST
- China Evergrande to raise $5 billion from property unit sale: ReportEvergrande's property development unit was also profitable in the first half of 2021 and revenue rose compared with a year earlier.04 Oct, 2021, 12.42 PM IST
- China Evergrande share trading halted in Hong KongShares in Evergrande have plunged 80% so far this year, while its property services unit has dropped 43% as the group scrambles to raise fu...04 Oct, 2021, 07.32 AM IST
- How to tell if the Evergrande crisis is spilling beyond ChinaThe situation remains fraught, and few investors have forgotten the money market blow-ups during the 2008 global financial crisis, the 2011...24 Sep, 2021, 10.03 PM IST
- Evergrande seeks to reassure retail investors as key debt deadline loomsGlobal investors have been on tenterhooks in recent weeks as debt payment obligations of Evergrande, labouring under a $305 billion mountai...23 Sep, 2021, 11.41 AM IST
- China Evergrande fears consume investors awaiting tradingA major test comes this week, with Evergrande due to pay $83.5 million in interest relating to its March 2022 bond on Thursday. It has anot...21 Sep, 2021, 08.58 AM IST
- Evergrande gave workers a choice: Loan us cash or lose your bonusEvergrande is on the hook to buyers for nearly 1.6 million apartments, according to one estimate, and it may owe money to tens of thousands...20 Sep, 2021, 01.54 PM IST
- Explainer: How China Evergrande's debt troubles pose a systemic riskIn the dollar bond market, Evergrande accounts for 4% of Chinese real estate high-yields, according to DBS. Any defaults will also trigger ...16 Sep, 2021, 12.12 PM IST
- Why China’s economy is threatened by a property giant’s debt problemsConsidered as the world’s most debt-saddled property developer, Evergrande has been on life support for months. It has more than $300 billi...10 Sep, 2021, 08.43 PM IST
Load More
