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EVERGRANDE FINANCIAL CRISIS
Uday Kotak says Lehman & IL&FS crises have lessons for China's EvergrandeOn Thursday, trading in shares of China Evergrande were suspended after a report that its chairman had been placed under police surveillanc...
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...
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...
China Evergrande shares tumble for second day, down 8% after unit misses bond paymentThe news comes after Evergrande said on the weekend that it was unable to issue new debt due to an ongoing investigation into Hengda, sendi...
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...
China developer Evergrande resumes trading in Hong KongThe move comes after the company said in a filing on Friday that it had "fulfilled the resumption guidance" set out by the bourse, includin...
Chinese real estate giant Evergrande files for protection in US court as part of $32 billion debt overhaulThe company sought protection under Chapter 15 of the US bankruptcy code, which shields non-US companies that are undergoing restructurings...
Evergrande services arm shares halve as trading resumes after 16 monthsShares of Evergrande Services had been suspended since March 21, 2022. Its sister company, China Evergrande New Energy Vehicle Group, resum...
China property giant Evergrande loses $113 billion over two yearsOnce China's largest real estate company, Evergrande was found in 2021 to be drowning in more than $300 billion in liabilities, sparking a ...
China property giant Evergrande reports $96 billion loss for 2021Chinese property giant Evergrande reported Monday a $96 billion net loss for 2021 and nearly $335 billion in liabilities, as the company re...
China's Evergrande defaults: What happens next?A slowdown in the Chinese real estate sector, which accounts for a significant proportion of the country's economic output, could have ripp...
The rise and demise of Chinese property giant EvergrandeAfter going public in 2009, Evergrande takes control of Chinese Super League club Guangzhou, renaming it Guangzhou Evergrande, and spends b...
China's Evergrande: How will a 'controlled demolition' impact the economy?Evergrande, a real estate giant with a presence in over 280 Chinese cities, was the most prominent developer to pay the price for Beijing's...
View: Can return to traditional Communism help the stressed Chinese economy?The Chinese government has been tightening financial laws since August,2020 to forcefully intervene and exert greater control over the mark...
China's Evergrande resumes work on more than 10 projectsEvergrande's woes have reverberated across the $5 trillion Chinese property sector, which accounts for a quarter of the economy by some met...
A structural bull story unfolding in Indian realty: Jefferies' Chris WoodIndian stocks now have the largest 36 per cent weight in the portfolio. This is more than the combined weight of China and Taiwan. Other te...
For Xi Jinping and China Evergrande, a delicate balancing actXi, who has unleashed a spate of industry and societal reforms this year in the name of "common prosperity", has made clear that the excess...
Evergrande's debt issues a wake-up call for China's economyDozens of angry and worried investors picketed Evergrande's headquarters in the southern city of Shenzhen for weeks. They had bought invest...
Uday Kotak feels Evergrande crisis is China's Lehman moment; Edelweiss MF CEO raises short-term concerns"The IL&FS situation could've been like Evergrande without govt's intervention."
Evergrande China’s Lehman moment: Uday Kotak“Evergrande seems like China’s Lehman moment. Reminds us of IL&FS,” Kotak said in a tweet on microblogging website Twitter.