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EVERGRANDE SHAREHOLDERS
PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...
China's murky bankruptcies expose hazards for foreign investorsA Chinese pork producer's bankruptcy in 2019 has raised concerns about potential misuse of China's bankruptcy process, leaving U.S. investo...
PwC loses major client Bank of China amid regulatory probePwC has lost its biggest mainland China client, Bank of China, to EY. This change follows a regulatory probe into PwC's work with China Eve...
Shares of China Evergrande's EV unit soar after liquidators' stake sale dealShares of China Evergrande New Energy Vehicle Group doubled after liquidators agreed to sell a stake in the EV maker.
European shares open lower as rate jitters, China woes loom largeShares of China-exposed luxury heavyweights LVMH, Kering and Hermes fell between 0.6% and 1.2% on heightened concerns of weak economic grow...
Asia's richest woman loses half her wealth in China property crisisYang Huiyan, a majority shareholder in Chinese property giant Country Garden, saw her net worth plunge by more than 52 percent to $11.3 bil...
China shares rise as cooler factory inflation boosts stimulus hopesAt the close, the Shanghai Composite index was up 0.98 per cent at 3,673.04, taking gains for the week to more than 1.8 per cent. The blue-...
China junk-bond bargain hunters trigger 388% surge in ETF assetsThe tide may be turning for China’s property sector, said David Newman, who helps manage about $3 billion as chief investment officer for g...
Miners buoy Australian shares back to gainsSector heavyweights BHP, Rio Tinto and Fortescue added between 1.9% and 3.4% on Friday. BHP's climate action plan received shareholder appr...
China developer Kaisa pleads for help, 'patience' as sector's debt woes mountThe troubles of China Evergrande Group, the world's most indebted developer, have reverberated throughout China's real estate sector, spark...
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...
Market Movers: Auto sector catches festive bug as value investors raid stocksThe Nifty Auto index soared 3 per cent and outpaced the gains of even the trendsetting realty index, a feat that would have been improbable...
For Xi Jinping and China Evergrande, a delicate balancing actXi, who has unleashed a spate of industry and societal reforms this year in the name of "common prosperity", has made clear that the excess...
Evergrande's second-biggest shareholder plans to sell entire stakeChina Evergrande stock soared as much as 32% in the biggest daily percentage rise since listing in November 2009, after its unit said on We...
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...
Market Movers: What triggered the sharp revival in real estate stocks?Evergrande may be in crisis, but Indian real estate companies are far from one. Godrej Properties’ announcement that it sold units worth Rs...
Casinos and Evergrande crisis renew worries over China stocks“Risks are skewed to the downside amid the double whammy of macro weakness and regulatory uncertainty,” Morgan Stanley strategists includin...
View: Fairy tales can come true. Or maybe only BitcoinTrue believers take heart! Other investments require even greater leaps of faith. You can do a lot worse than Bitcoin.
Xiaomi poised to become a billionaire factory with its IPOXiaomi last week filed for a debut that will value the company at $50 billion to $100 billion.
China's richest woman's fortune surged by $2 billion in 4 daysThe 36-year-old Yang is China’s richest woman and the nation’s youngest billionaire.