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
Evergrande shares rise after day-long trading suspensionThe company's shares climbed as much as 10 percent soon after opening for the afternoon session in Hong Kong before settling back.
04 Jan, 2022, 11.34 AM 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
The rise and demise of Chinese property giant EvergrandeAfter going public in 2009, Evergrande takes control of Chinese Super League club Guangzhou, renaming it Guangzhou Evergrande, and spends b...
09 Dec, 2021, 04.23 PM IST
Evergrande saga may shorten the length of the ongoing steel upcycle: ICRA“With the Chinese property sector accounting for around 15% of global steel demand, the Evergrande saga may potentially shorten the length ...
11 Nov, 2021, 12.01 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
Some investors have not got Evergrande unit's bond interest due Nov 6: ReportTwice in October, Evergrande narrowly averted catastrophic defaults on its $19 billion worth of bonds in international capital markets by p...
08 Nov, 2021, 01.49 PM IST
China Evergrande shares fall on persistent pressure from debt travailsChina Evergrande Group is reeling under more than $300 billion in liabilities, fuelling worries about the impact of its fate on global mark...
27 Oct, 2021, 11.52 AM 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
Asian markets grapple with Evergrande fallout, eye China power crunchAsian shares mainly drifted lower Tuesday as investors continued to fret over China Evergrande Group's unsolved debt crisis and eyed the po...
28 Sep, 2021, 08.34 AM IST
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...
24 Sep, 2021, 12.49 PM IST
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...
23 Sep, 2021, 11.47 AM IST
Evergrande woes hit Japan's toilet, air-conditioner and paint manufacturers"There are rising and widely reported concerns about fund flows at leading local developer China Evergrande Group, whose business scale sug...
21 Sep, 2021, 01.42 PM IST
Chinese property magnate loses $1 billion in Evergrande panicZhang Yuanlin, chairman of Sinic Holdings Group, saw his net worth drop from $1.3 billion Monday morning to $250.7 million by the afternoon...
20 Sep, 2021, 10.43 PM IST
China Evergrande crisis has first victim on D-Street with not-so-steely prospectsOn Monday, shares of Tata Steel plunged 6.21 per cent to hit a low of Rs 1,299.20 on BSE. The scrip is off 15 per cent from its 52-week hig...
20 Sep, 2021, 02.02 PM IST
Hong Kong shares end lower, dragged by property, financials and techChina Evergrande Group plunged nearly 12% to its lowest in more than six years, after it warned of a risk of cross-default as real estate s...
14 Sep, 2021, 02.51 PM IST
Check out world’s most painful short trade of the yearFees to borrow shares of Evergrande’s for shorting have surged by over 5 times since Jan.
29 May, 2017, 01.42 PM IST