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
Inside the downfall of embattled property developer China EvergrandeFor two decades, starting in the mid-1990s, this approach was enormously lucrative as Chinese home prices soared. It transformed Hui, a for...
31 Aug, 2023, 03.55 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
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 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
Too little, too late? Evergrande's tortuous restructuring, asset sales in focus after default avertedWith more than $300 billion in liabilities, Evergrande, once China's top-selling property developer, faces deep scepticism on whether it ca...
22 Oct, 2021, 04.05 PM 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
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
Evergrande’s EV unit admits there’s no certainty it can pay debtShares in Evergrande NEV tumbled as much as 25.8% on Friday, bringing losses for the year to 93%. In February, when the stock was at its pe...
25 Sep, 2021, 01.31 PM IST
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."
22 Sep, 2021, 02.52 PM IST