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EVERGRANDE GROUP DEBT
Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assetsChina Evergrande Group has reportedly sold its luxury superyacht, Event, for about $32 million as part of its efforts to sell non-core asse...29 Sep, 2023, 11.31 AM IST- 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
- 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...26 Sep, 2023, 10.50 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 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...03 Aug, 2023, 09.10 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
- China Evergrande faces winding-up lawsuit in Hong KongEvergrande in a filing at the time said the appointment of receivers and potential sale of relevant secured assets "would not have material...27 Jun, 2022, 12.43 PM IST
- Fitch withdraws ratings on debt-laden China Evergrande, subsidiariesThe rating agency in December downgraded Evergrande and its subsidiaries, Hengda Real Estate Group Co Ltd and Tianji Holding Ltd, to so-cal...02 Jun, 2022, 04.28 PM IST
- China Evergrande aims for restructuring plan within six months as creditor talks beginEvergrande Group, once China's top selling developer and now struggling to repay its creditors, suppliers and investors in wealth managemen...26 Jan, 2022, 07.18 PM IST
- Evergrande labelled defaulter by S&P over failed coupon paymentsS&P Global cut Evergrande to "selective default" over its failure to make coupon payments by the end of a grace period earlier this month, ...18 Dec, 2021, 08.40 AM 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
- 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...24 Oct, 2021, 01.30 PM 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
- Chinese banks try to calm fears about developer's debtsEvergrande's struggle to meet government-imposed debt limits has prompted fears a default might disrupt the Chinese economy or global finan...24 Sep, 2021, 11.32 AM 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
- 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
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