Evergrande faces final chance to avoid liquidation by HK court“If Evergrande fails to deliver an improved restructuring plan that meets the demands of the ad hoc group of creditors, the Hong Kong court...
03 Dec, 2023, 09.38 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
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
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...
28 Aug, 2023, 08.07 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
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 ...
18 Jul, 2023, 08.21 AM IST
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...
17 Jul, 2023, 08.50 PM IST
Chinese real estate giant Evergrande ousts top executivesThe executives were forced to step down on Friday following an internal investigation into why banks unexpectedly seized 13.4 billion yuan ...
23 Jul, 2022, 01.57 PM IST
China Evergrande, units say unable to publish annual results by March 31Evergrande said in a stock exchange filing that due to the "drastic changes" in its operations since the second half of last year, the audi...
22 Mar, 2022, 06.56 AM IST
China property giant Evergrande suspends share trading againChina's property firms have struggled in the wake of Beijing's drive to curb excessive debt in the real estate sector, as well as rampant c...
21 Mar, 2022, 11.37 AM IST
China Evergrande secures extension on defaulted $260 mln bond -REDDEvergrande has won a "more than three month" extension to the maturity of a $260 million bond issued by joint venture Jumbo Fortune Enterpr...
21 Oct, 2021, 10.36 AM IST
Chinese realtor’s $300-billion debt: Evergrande CEO in restructuring, asset sale talksCEO Xia Haijun, a confidant of chairman Hui Ka Yan and who runs Evergrande's day-to-day operations including financing, has been in Hong Ko...
17 Oct, 2021, 06.59 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 property sector default woes deepen amid Evergrande uncertaintyEvergrande requested a halt in the trading of its shares pending an announcement about a major deal. Evergrande Property Services Group als...
05 Oct, 2021, 11.27 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 to raise $5 billion from property unit sale: Global TimesThe possible deal seemed to rekindle broader concerns about the risk of contagion or of a hit to China's property sector and the broader ec...
04 Oct, 2021, 11.47 AM 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