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
China police detain some Evergrande wealth management staffDuring protests by disgruntled investors at Evergrande's Shenzhen headquarters in 2021, Du Liang was identified by staff as general manager...
17 Sep, 2023, 10.30 AM 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
China property giant Evergrande loses $113 billion over two yearsOnce China's largest real estate company, Evergrande was found in 2021 to be drowning in more than $300 billion in liabilities, sparking a ...
18 Jul, 2023, 08.21 AM IST
China property giant Evergrande reports $96 billion loss for 2021Chinese property giant Evergrande reported Monday a $96 billion net loss for 2021 and nearly $335 billion in liabilities, as the company re...
17 Jul, 2023, 08.50 PM IST
China Evergrande, units say unable to publish annual results by March 31Evergrande said in a stock exchange filing that due to the "drastic changes" in its operations since the second half of last year, the audi...
22 Mar, 2022, 06.56 AM IST
China Evergrande shares climb after winning bond payment delayStruggling with $300 billion in liabilities, including $19 billion in international bonds deemed to be in cross-default after missing a pay...
14 Jan, 2022, 01.51 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
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
Evergrande's EV unit terminates plans to issue RMB sharesIn a statement to the Hong Kong stock exchange, China Evergrande New Energy Vehicle Group said that after careful consideration the company...
26 Sep, 2021, 06.11 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's debt issues a wake-up call for China's economyDozens of angry and worried investors picketed Evergrande's headquarters in the southern city of Shenzhen for weeks. They had bought invest...
23 Sep, 2021, 10.09 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
China Evergrande fears consume investors awaiting tradingA major test comes this week, with Evergrande due to pay $83.5 million in interest relating to its March 2022 bond on Thursday. It has anot...
21 Sep, 2021, 08.58 AM 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