Evergrande liquidators get initial offers for control of property services armChina Evergrande Group's liquidators have received initial offers for its stake in Evergrande Property Services. Final bids are expected by...
12 Sep, 2025, 09.46 AM IST
Investor files liquidation petition in China against Evergrande unitThe investor - Vanward, a Shenzhen-listed electric appliance manufacturer - cited a dispute with the Evergrande unit Guangzhou Kailong Real...
07 Aug, 2024, 12.59 PM IST
Court orders China Evergrande property developer to liquidate after it failed to reach debt dealEvergrande was granted an earlier reprieve after it said it was attempting to "refine" a new debt restructuring plan of more than USD 300 b...
29 Jan, 2024, 07.09 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
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
Evergrande's debt revamp to provide roadmap on tackling China property crisis"We're all waiting for Evergrande's proposal to get an idea of the terms and it'll set a benchmark," said a senior executive of a property ...
25 Jul, 2022, 01.57 PM 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
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
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
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
Alarmed by Evergrande, China's lenders hold back on new credit for property developers"The market is worried that real estate companies have a high concentration of cashflow problems, which would trigger large-scale bad debt ...
24 Sep, 2021, 03.07 PM IST
Evergrande's debt issues a wake-up call for China's economyDozens of angry and worried investors picketed Evergrande's headquarters in the southern city of Shenzhen for weeks. They had bought invest...
23 Sep, 2021, 10.09 AM IST