Evergrande's crisis continues: Chinese real estate developer's earnings delayed, $2 billion seizedEvergrande is China's leading real estate developer and is presently the most indebted one having a total liability of more than $300 billi...
22 Mar, 2022, 08.38 PM IST
China Evergrande says construction resumes at 91.7% of projectsCompany Chairman Hui Ka Yan vowed in a meeting on Sunday to deliver 39,000 units of properties in December, compared with fewer than 10,000...
30 Dec, 2021, 01.13 PM IST
Evergrande shares plunge after reports of new missed paymentIn recent months, the company has repeatedly said it will finish its unfinished projects and deliver them to buyers in a desperate bid to s...
30 Dec, 2021, 11.54 AM IST
Evergrande debt deadline passes with no sign of payment: SourcesOnce China's top property developer, with over 1,300 real estate projects and $300 billion of liabilities, Evergrande has been the poster c...
07 Dec, 2021, 02.48 PM IST
China Evergrande bondholders receive overdue bond coupon payments: ReportShares of Evergrande listed in Hong Kong jumped over 9% by mid-morning on relief the latest deadline was met.
11 Nov, 2021, 11.09 AM IST
Investors await Evergrande's overdue $148 million payment as debt woes growDespite the debt woes of Evergrande, its electric vehicles (EV) unit is pushing ahead with its business plan. The unit is seeking Chinese r...
10 Nov, 2021, 01.51 PM IST
View: Can return to traditional Communism help the stressed Chinese economy?The Chinese government has been tightening financial laws since August,2020 to forcefully intervene and exert greater control over the mark...
03 Nov, 2021, 02.41 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
How to tell if the Evergrande crisis is spilling beyond ChinaThe situation remains fraught, and few investors have forgotten the money market blow-ups during the 2008 global financial crisis, the 2011...
24 Sep, 2021, 10.03 PM IST
D-Street actually looking to benefit from the Evergrande crisis in ChinaIndia can benefit from the Evergrande crisis, as investors may look at India as an alternative to China for investments.
24 Sep, 2021, 04.39 PM 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
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
China's Evergrande shares soar 20% in Frankfurt as unit to make coupon paymentEvergrande’s main unit Hengda Real Estate Group will make coupon payment on onshore bonds after successful private negotiations with bond h...
22 Sep, 2021, 01.34 PM IST
Evergrande a Chinese issue; shouldn’t affect other markets: Andrew Freris“I am not underplaying the importance of Evergrande in the Chinese financial market. It is the highest leveraged property company in the wo...
21 Sep, 2021, 04.26 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 China’s Lehman moment: Uday Kotak“Evergrande seems like China’s Lehman moment. Reminds us of IL&FS,” Kotak said in a tweet on microblogging website Twitter.
21 Sep, 2021, 12.05 PM IST
Evergrande gave workers a choice: Loan us cash or lose your bonusEvergrande is on the hook to buyers for nearly 1.6 million apartments, according to one estimate, and it may owe money to tens of thousands...
20 Sep, 2021, 01.54 PM IST