Shares of China Evergrande suspended as chairman under police watchTrading in shares of China Evergrande were suspended on Thursday after a report that its chairman had been placed under police surveillance...
Pressure piles on China Evergrande with report chairman under police surveillanceThe chairman of China Evergrande Group, Hui Ka Yan, has reportedly been placed under police surveillance, adding to the pressure on the tro...
China's real estate magnate Hui Ka Yan loses 93 per cent of his wealthOnce the second-richest person in Asia, the China Evergrande Group chairman's fortune is considerably diminished, moreover, Hui is also fin...
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...
Evergrande's EV unit says it receives pre-orders for more than 37,000 Hengchi EVsThe electric vehicle (EV) unit of Evergrande started to accept non-binding pre-orders two weeks ago, with buyers paying 1,000 yuan ($148.13...
Evergrande electric vehicle arm to start taking car orders 'imminently'The plan comes as the EV firm has been struggling to secure external investment. Evergrande told investors in a call last week it was tryin...
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...
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...
Evergrande shares plunge after reports of new missed paymentIn recent months, the company has repeatedly said it will finish its unfinished projects and deliver them to buyers in a desperate bid to s...
China Evergrande reports progress in resuming home deliveriesEvergrande is the world's most indebted property developer, with over $300 billion in liabilities. It is struggling to repay bondholders, b...
Evergrande labelled defaulter by S&P over failed coupon paymentsS&P Global cut Evergrande to "selective default" over its failure to make coupon payments by the end of a grace period earlier this month, ...
China audits Evergrande, chairman Hui Ka Yan's assets, no fire sale for now: SourcesBeijing has repeatedly sought to reassure investors, but it has not yet indicated how it plans to stabilise Evergrande in particular, which...
Chinese realtor’s $300-billion debt: Evergrande CEO in restructuring, asset sale talksCEO Xia Haijun, a confidant of chairman Hui Ka Yan and who runs Evergrande's day-to-day operations including financing, has been in Hong Ko...
How China Evergrande's rags-to-riches founder is trying to save his empireIt’s a stunning reversal for a man who fought his way from poverty in rural China to build one of the world’s largest property companies.
Mukesh Ambani becomes Asia's richest person, overtakes China's Hui Ka YanAs per Forbes, Ambani's personal wealth rose by $466 million, thanks to 1.22% rise in RIL shares.
Billionaires keep bubbling up as China property market soarsChina Evergrande Group, the country’s largest developer, has risen 534 percent this year.
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...