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Evergrande
Ex-wife of Evergrande’s chairman Hui Ka Yan spent $67M on luxury London apartments months after company defaulted

Ex-wife of Evergrande’s chairman Hui Ka Yan spent $67M on luxury London apartments months after company defaulted

Ding Yumei, the ex-wife of China Evergrande Group’s chairman Hui Ka Yan, bought 33 luxury apartments in London worth a combined GBP49.8 million (US$67 million) nine months after the developer defaulted on its loans.
China property giant Evergrande seeks to recover $6B

China property giant Evergrande seeks to recover $6B

PwC rejects allegations on Evergrande audit

PwC rejects allegations on Evergrande audit

China Evergrande ordered to liquidate, owing $300B

China Evergrande ordered to liquidate, owing $300B

A Hong Kong court on Monday ordered the liquidation of property company China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain the deepening crisis.
January 28, 2024 | 07:35 pm PT
China Evergrande's electric car unit says vice chairman detained, stock slides

China Evergrande's electric car unit says vice chairman detained, stock slides

China Evergrande New Energy Vehicle Group said on Monday its Vice Chairman Liu Yongzhuo has been detained and is under criminal investigation, sending its stock tumbling and marking another setback after a share sale plan was scrapped.
January 8, 2024 | 02:54 am PT
China Evergrande granted final reprieve as winding-up hearing adjourned

China Evergrande granted final reprieve as winding-up hearing adjourned

A hearing on Monday to wind up China Evergrande Group was adjourned until Dec. 4, with a Hong Kong High Court judge giving the world's most indebted property developer one last chance to come up with a restructuring plan or face liquidation.
October 30, 2023 | 12:11 am PT
Shares of China Evergrande suspended as chairman under police watch

Shares of China Evergrande suspended as chairman under police watch

Trading in shares of China Evergrande were suspended on Thursday after a report its chairman had been placed under police surveillance, intensifying concerns over the developer's future as it struggles with a growing threat of liquidation.
September 27, 2023 | 10:22 pm PT
Evergrande's debt revamp roadblock hits China property investors' sentiment

Evergrande's debt revamp roadblock hits China property investors' sentiment

China Evergrande Group's latest trouble in firming up a long-pending debt restructuring plan led to a sell-off in its and peers' shares on Monday, as worries resurfaced about the crisis-hit property sector after a brief respite.
September 25, 2023 | 03:40 am PT
Even China's 1.4 billion population can't fill all its vacant homes, former official says

Even China's 1.4 billion population can't fill all its vacant homes, former official says

Even China's population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former official said on Saturday, in a rare public critique of the country's crisis-hit property market.
September 23, 2023 | 07:03 pm PT
Evergrande files for US bankruptcy protection as China economic fears mount

Evergrande files for US bankruptcy protection as China economic fears mount

Embattled developer China Evergrande Group has filed for U.S. bankruptcy protection as part of one of the world's biggest debt restructurings, as anxiety grows over China's worsening property crisis and its impact on the weakening economy.
August 18, 2023 | 10:00 pm PT
Evergrande discussing staggered payments, debt-to-equity swaps for $19 bln offshore bonds

Evergrande discussing staggered payments, debt-to-equity swaps for $19 bln offshore bonds

China Evergrande Group is considering repaying offshore public bondholders owed around $19 billion with cash instalments and equity in two of its Hong Kong-listed units
May 27, 2022 | 12:28 am PT
China property giant Evergrande suspends share trading again

China property giant Evergrande suspends share trading again

Troubled Chinese property developer giant Evergrande and all its units suspended trading in Hong Kong Monday morning, according to a notice to the stock exchange.
March 20, 2022 | 07:59 pm PT
China Evergrande set to rise 1.9 pct after bond payment extension

China Evergrande set to rise 1.9 pct after bond payment extension

Shares of China Evergrande Group are set to open up 1.9 percent on Friday after the developer secured a crucial approval from onshore bondholders.
January 13, 2022 | 06:53 pm PT
 
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