China Evergrande chairman under scrutiny on suspicion of illegal crimesTrading in the company's shares was suspended earlier in the day after a report that its chairman had been placed under police watch. Everg...
28 Sep, 2023, 06.56 PM 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
Evergrande chairman says 2023 crucial for home delivery, debt repaymentSaddled with over $300 billion in liabilities and undergoing a debt restructuring, the world's most indebted property developer has been st...
03 Jan, 2023, 11.11 AM IST
Evergrande aims to deliver 600,000 apartments in 2022, says no fire salesEvergrande, the world's most indebted property developer with over $300 billion in liabilities, has been struggling to repay creditors, sup...
09 Feb, 2022, 04.01 PM 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
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
Too little, too late? Evergrande's tortuous restructuring, asset sales in focus after default avertedWith more than $300 billion in liabilities, Evergrande, once China's top-selling property developer, faces deep scepticism on whether it ca...
22 Oct, 2021, 04.05 PM IST
Explained: How China Evergrande's debt troubles pose a systemic riskEvergrande grew rapidly through a loan-supported land-buying spree and selling apartments quickly at low margins. It employed 163,119 staff...
22 Oct, 2021, 12.31 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 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 Evergrande is not 'too big to fail', says Global Times editorEvergrande is scrambling to raise funds to pay its many lenders and suppliers and investors, with regulators warning its $305 billion of li...
17 Sep, 2021, 12.07 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
China blue-chips end higher as profits at industrial firms growProfits at China's industrial firms grew, buoyed in part by a rebound in commodities' prices and equipment manufacturing, the statistics bu...
28 Sep, 2020, 02.14 PM IST