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
Pressure piles on China Evergrande with report chairman under police surveillanceThe chairman of China Evergrande Group, Hui Ka Yan, has reportedly been placed under police surveillance, adding to the pressure on the tro...
27 Sep, 2023, 10.06 AM IST
China Evergrande shares tumble 25% after wealth management staff detainedEvergrande, the world's most indebted property developer, is at the centre of a crisis in China's real estate sector that has seen a string...
18 Sep, 2023, 09.28 AM IST
China police detain some Evergrande wealth management staffDuring protests by disgruntled investors at Evergrande's Shenzhen headquarters in 2021, Du Liang was identified by staff as general manager...
17 Sep, 2023, 10.30 AM IST
Moody's cuts China property sector's outlook to negativeMoody's said it expected contracted sales to fall by about 5% over the next six to 12 months in China, and the impact of government measure...
15 Sep, 2023, 01.00 AM IST
China Evergrande shares plunge more than 80% as trade resumes after 17 monthsThe stock had been suspended since March 21, 2022. Its Hong Kong-listed units, China Evergrande New Energy Vehicle Group and Evergrande Pro...
28 Aug, 2023, 08.52 AM 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
Evergrande electric vehicle arm to start taking car orders 'imminently'The plan comes as the EV firm has been struggling to secure external investment. Evergrande told investors in a call last week it was tryin...
28 Mar, 2022, 10.53 AM IST
China stocks rise on stimulus hopes; virus fears weighThe blue-chip CSI300 index rose 0.6 per cent, to 5,083.80, while the Shanghai Composite Index gained 0.4 per cent to 3,681.08.
13 Dec, 2021, 02.43 PM 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
Stocks shuffle higher with a wary eye on EvergrandeAsian stocks eked small gains on Thursday but the upbeat mood that lifted the Dow Jones and bitcoin to records ebbed on fresh worries about...
21 Oct, 2021, 08.31 AM IST
Evergrande's $1.7 billion Hong Kong headquarters sale flops as buyer withdrawsThe collapse of the talks for the landmark building's sale is another setback for cash-strapped Evergrande which has been scrambling to div...
15 Oct, 2021, 02.50 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
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