Evergrande liquidators get initial offers for control of property services armChina Evergrande Group's liquidators have received initial offers for its stake in Evergrande Property Services. Final bids are expected by...
12 Sep, 2025, 09.46 AM IST
China Evergrande Group, world's most indebted property developer, to delist from Hong Kong Stock Exchange after largest debt collapseChina's property market, once a key growth driver for the world's second-largest economy, has been in a multi-year tailspin despite repeate...
12 Aug, 2025, 05.35 PM IST
Shares of China Evergrande's EV unit soar after liquidators' stake sale dealShares of China Evergrande New Energy Vehicle Group doubled after liquidators agreed to sell a stake in the EV maker.
27 May, 2024, 09.27 AM 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
China Evergrande shares climb after winning bond payment delayStruggling with $300 billion in liabilities, including $19 billion in international bonds deemed to be in cross-default after missing a pay...
14 Jan, 2022, 01.51 PM IST
China Evergrande shares halted, set to release 'inside information'The property developer missed new coupon payments worth $255 million due last Tuesday, though both have a 30-day grace period.
03 Jan, 2022, 09.58 AM IST
Evergrande dodges default again but sector debt concerns remainCash-strapped developer China Evergrande Group averted a destabilising default at the last minute for the third time in the past month, wit...
11 Nov, 2021, 12.06 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
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
Looming Evergrande bond coupon payments intensify contagion fearsSmall developers Modern Land and Sinic Holdings were the latest scrambling to delay deadlines, after Evergrande and Fantasia missed their p...
12 Oct, 2021, 10.48 AM 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
Fears grow for China Evergrande after interest deadline missedA deadline for paying $83.5 million in bond interest passed without remark from Evergrande and bondholders had not been paid nor heard from...
24 Sep, 2021, 01.17 PM IST
Evergrande's second-biggest shareholder plans to sell entire stakeChina Evergrande stock soared as much as 32% in the biggest daily percentage rise since listing in November 2009, after its unit said on We...
23 Sep, 2021, 11.47 AM IST
China's Evergrande starts repaying investors with discounted propertiesInvestors who opt for discounted real estate in lieu of cash can start contacting wealth managers for more details, Evergrande’s wealth div...
19 Sep, 2021, 10.02 AM IST
China Evergrande is not 'too big to fail', says Global Times editorEvergrande is scrambling to raise funds to pay its many lenders and suppliers and investors, with regulators warning its $305 billion of li...
17 Sep, 2021, 12.07 PM IST
China Evergrande onshore bond trading suspended after downgradeGoldman Sachs said in a report that because Evergrande has dollar bonds issued by both the parent company and a special purpose vehicle, re...
16 Sep, 2021, 01.11 PM IST