China Evergrande's EV arm units to enter bankruptcy, reorganization proceedingsChina Evergrande New Energy Vehicle announced on Monday that a local court had directed two of its units to undergo bankruptcy and reorgani...
05 Aug, 2024, 08.35 AM IST
China's Evergrande: What happens next after liquidation order?Evergrande was once China's biggest real estate firm, a giant in a sector that ballooned as property became the foundation of a burgeoning ...
30 Jan, 2024, 10.43 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 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 Group files Chapter 15 bankruptcy in New YorkThe move protects it from creditors in the US while it works on a restructuring deal elsewhere. The Chinese homebuilder's Chapter 15 petiti...
19 Aug, 2023, 07.18 AM IST
China's Evergrande says it is asking for US court to approve debt plan, not filing for bankruptcyChina's troubled developer, Evergrande, has requested a US court to approve a restructuring plan for foreign bondholders and affirmed that ...
18 Aug, 2023, 05.16 PM IST
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...
18 Aug, 2023, 09.24 AM IST
China Evergrande defaults on its debt. Now what?Fitch Ratings had placed the Chinese property developer in its “restricted default” category. But instead of resolving questions about the ...
09 Dec, 2021, 11.08 PM IST
China: Crunch time for Evergrande as unit sale collapsesMeanwhile, the broader Chinese property sector has come under pressure, with new-home prices falling for the first time in six years in Sep...
21 Oct, 2021, 11.06 AM IST
The rise and demise of Chinese property firm EvergrandeEvergrande started the business in 1996, targeting millions of middle-class Chinese climbing onto the property ladder across the rapidly ur...
24 Sep, 2021, 07.20 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
Crunch time for Evergrande, but no 'Lehman moment'While predominantly a developer, Evergrande -- which employs 200,000 people, has a presence in more than 280 cities and claims to indirectl...
21 Sep, 2021, 01.05 PM IST
Evergrande Explained | One-off crisis or China’s version of Lehman Brothers?Evergrande holds one of the biggest debt piles in all of China and the world. The company’s last recorded debt pile stood at close to $300 ...
20 Sep, 2021, 02.37 PM IST
China’s nightmare Evergrande scenario is an uncontrolled crashEvergrande’s main banks were told by China’s housing ministry this week that the developer won’t be able to make interest payments due Sept...
17 Sep, 2021, 03.28 PM IST
China Evergrande is not 'too big to fail', says Global Times editorEvergrande is scrambling to raise funds to pay its many lenders and suppliers and investors, with regulators warning its $305 billion of li...
17 Sep, 2021, 12.07 PM IST
Chinese property giant Evergrande under 'tremendous pressure'The group was downgraded by two credit rating agencies last week while its shares tumbled below their 2009 listing price, as a battery of b...
14 Sep, 2021, 09.53 AM IST
Why China’s economy is threatened by a property giant’s debt problemsConsidered as the world’s most debt-saddled property developer, Evergrande has been on life support for months. It has more than $300 billi...
10 Sep, 2021, 08.43 PM IST