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EVERGRANDE DEBT
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
- What's in store for China Evergrande with its chairman now under police watch?China Evergrande Group's chairman, Hui Ka Yan, has reportedly been placed under police surveillance, adding to uncertainties surrounding th...27 Sep, 2023, 01.34 PM IST
- Evergrande's debt revamp to provide roadmap on tackling China property crisis"We're all waiting for Evergrande's proposal to get an idea of the terms and it'll set a benchmark," said a senior executive of a property ...25 Jul, 2022, 01.57 PM IST
- China Evergrande aims for restructuring plan within six months as creditor talks beginEvergrande Group, once China's top selling developer and now struggling to repay its creditors, suppliers and investors in wealth managemen...26 Jan, 2022, 07.18 PM IST
- China Evergrande says construction resumes at 91.7% of projectsCompany Chairman Hui Ka Yan vowed in a meeting on Sunday to deliver 39,000 units of properties in December, compared with fewer than 10,000...30 Dec, 2021, 01.13 PM IST
- Evergrande looks to restructure, sets up risk committeeThe company's struggles to meet its commitments have fanned concerns about China's property sector, which forms a substantial part of the w...07 Dec, 2021, 10.17 AM IST
- Developer Evergrande says 57,400 properties handed to buyersTroubled Chinese developer Evergrande has delivered over 57,400 units to buyers between July and October, in the latest bid to calm worries...03 Nov, 2021, 12.48 PM IST
- China's Evergrande resumes work on more than 10 projectsEvergrande's woes have reverberated across the $5 trillion Chinese property sector, which accounts for a quarter of the economy by some met...24 Oct, 2021, 01.30 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
- Chinese banks try to calm fears about developer's debtsEvergrande's struggle to meet government-imposed debt limits has prompted fears a default might disrupt the Chinese economy or global finan...24 Sep, 2021, 11.32 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
- 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
- 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
- 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
- He's a debt-laden property mogul. Meet China's own Donald TrumpHui, whose net worth is about $7.4 billion, has started disposing of some, listing Guangzhou Evergrande Taobao Football Club and selling th...03 Jan, 2017, 01.58 PM IST
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