China Evergrande chairman under scrutiny on suspicion of illegal crimesTrading in the company's shares was suspended earlier in the day after a report that its chairman had been placed under police watch. Everg...
28 Sep, 2023, 06.56 PM IST
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...
28 Sep, 2023, 08.56 AM IST
Shares of China Evergrande suspended as chairman under police watchTrading in shares of China Evergrande were suspended on Thursday after a report that its chairman had been placed under police surveillance...
28 Sep, 2023, 07.17 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
Evergrande chairman says 2023 crucial for home delivery, debt repaymentSaddled with over $300 billion in liabilities and undergoing a debt restructuring, the world's most indebted property developer has been st...
03 Jan, 2023, 11.11 AM IST
Evergrande electric vehicle arm to start taking car orders 'imminently'The plan comes as the EV firm has been struggling to secure external investment. Evergrande told investors in a call last week it was tryin...
28 Mar, 2022, 10.53 AM 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
China Evergrande reports progress in resuming home deliveriesEvergrande is the world's most indebted property developer, with over $300 billion in liabilities. It is struggling to repay bondholders, b...
26 Dec, 2021, 11.20 PM IST
China audits Evergrande, chairman Hui Ka Yan's assets, no fire sale for now: SourcesBeijing has repeatedly sought to reassure investors, but it has not yet indicated how it plans to stabilise Evergrande in particular, which...
15 Dec, 2021, 04.04 PM IST
EXPLAINER-What's next for China's Evergrande after missing coupon paymentsEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...
07 Dec, 2021, 12.39 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 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
Cash-strapped Evergrande Group to sell $1.5 billion stake in Shengjing Bank to state firmShengjing Bank, one of the main lenders to Evergrande, had demanded that all net proceeds from the disposal be used to settle the financial...
30 Sep, 2021, 12.07 AM 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
Evergrande chairman confident company will "walk out of its darkest moment"In the letter, coinciding with China's mid-autumn festival, Hui Ka Yuan, chairman of the debt-laden property developer, also said Evergrand...
21 Sep, 2021, 08.46 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