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evergrande default

‘Evergrande, return our money!’: Investors rally outside cash-strapped Chinese firm – National…

Smith Jan 4, 2022

Investors in financial products issued by China Evergrande Group protested outside the cash-strapped company’s offices in Guangzhou on Tuesday, with many worried that their returns would be sacrificed to keep real estate…

Business

China Evergrande lines up funds to pay interest, avert default: Source – Times of India

Jessica Oct 22, 2021

HONG KONG/SHANGHAI: China Evergrande Group has supplied funds to pay interest on a US dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline that would have seen the developer plunge into…

Business

How Evergrande founder Hui Ka Yan is trying to save his empire

Jessica Oct 12, 2021

Four years after vying with Jack Ma for the title of Asia’s richest man, Evergrande chairman Hui Ka Yan’s fortune is plunging and his sprawling real estate empire is on the verge of collapse.It’s a stunning reversal for a man who fought…

Business

Evergrande shares plummet as Chinese property giant’s debt issues deepen

Jessica Sep 20, 2021

Image Source : AP The company's shares fell by 15 per cent in Hong Kong trade on Monday.…