Evergrande's $500 million EV share deal suspended, stock to resume tradingPreviously, Evergrande said investigations had been initiated against the parent company, its founder and senior executives, while the firm...
09 Oct, 2023, 12.25 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
China Evergrande shares set to open down 14.3%On Monday, shares of the world's most indebted property firm resumed trading after a 17-month halt in a crucial step for the developer to r...
29 Aug, 2023, 08.04 AM IST
China Evergrande shares plunge more than 80% as trade resumes after 17 monthsThe stock had been suspended since March 21, 2022. Its Hong Kong-listed units, China Evergrande New Energy Vehicle Group and Evergrande Pro...
28 Aug, 2023, 08.52 AM IST
Evergrande services arm shares halve as trading resumes after 16 monthsShares of Evergrande Services had been suspended since March 21, 2022. Its sister company, China Evergrande New Energy Vehicle Group, resum...
03 Aug, 2023, 09.10 AM IST
China property giant Evergrande suspends share trading againChina's property firms have struggled in the wake of Beijing's drive to curb excessive debt in the real estate sector, as well as rampant c...
21 Mar, 2022, 11.37 AM IST
As pressure mounts, China Evergrande seeks delaying onshore bond paymentEvergrande is struggling to repay more than $300 billion in liabilities, including nearly $20 billion of offshore bonds deemed in cross-def...
05 Jan, 2022, 12.51 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
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
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
China Evergrande share trading halted in Hong KongShares in Evergrande have plunged 80% so far this year, while its property services unit has dropped 43% as the group scrambles to raise fu...
04 Oct, 2021, 07.32 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
Evergrande to make domestic bond coupon payment, soothing fearsThe announcement comes as Evergrande, once the country's top-selling developer, inches closer to a key deadline for an interest payment on ...
22 Sep, 2021, 08.50 AM 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 stocks down over 1% on Evergrande fallout fearsHong Kong-listed shares of China Evergrande slumped 6.4% to the lowest in a decade as it battled a liquidity crisis amid Beijing's draconia...
16 Sep, 2021, 02.39 PM IST