China Evergrande founder Hui Ka Yan gets life in prison as property giant’s saga endsChina Evergrande founder Hui Ka Yan received a life sentence for fraud charges. The court also confiscated all of his personal property and...
20 Aug, 2026, 02.28 PM IST
Who is Hui Ka Yan? China Evergrande founder sentenced to life in prison for orchestrating massive financial fraudWho is Hui Ka Yan? Hui Ka Yan, the founder of China Evergrande, has been sentenced to life imprisonment for a range of financial offenses, ...
20 Aug, 2026, 02.24 PM IST
Evergrande’s rise and fall: A timeline of China’s property crisisEvergrande founder Xu Jiayin received a life sentence and massive fines, marking a dramatic turn. The developer's collapse highlights ongoi...
20 Aug, 2026, 01.40 PM 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
Trading halts for Evergrande on Hong Kong stock exchange"Trading in the shares of... Evergrande Property Services Group Limited has been halted at 10:19 a.m today," the city's stock exchange said...
29 Jan, 2024, 08.34 AM IST
Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assetsChina Evergrande Group has reportedly sold its luxury superyacht, Event, for about $32 million as part of its efforts to sell non-core asse...
29 Sep, 2023, 11.31 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
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
Evergrande dodges default again but sector debt concerns remainCash-strapped developer China Evergrande Group averted a destabilising default at the last minute for the third time in the past month, wit...
11 Nov, 2021, 12.06 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
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
Looming Evergrande bond coupon payments intensify contagion fearsSmall developers Modern Land and Sinic Holdings were the latest scrambling to delay deadlines, after Evergrande and Fantasia missed their p...
12 Oct, 2021, 10.48 AM 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 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
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 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
Explainer: How China Evergrande's debt troubles pose a systemic riskIn the dollar bond market, Evergrande accounts for 4% of Chinese real estate high-yields, according to DBS. Any defaults will also trigger ...
16 Sep, 2021, 12.12 PM IST