evergrande group

Last Updated: January 23, 2023, 10:44 ISTHe was also a member of China’s top Chinese People’s Political Consultative Conference (CPPCC). It is speculated that the Chinese government launched its common prosperity policy to redistribute…

Chinese billionaire Hui Ka Yan's wealth has diminished to $3 billion from $42 billion in 2017-2018, Bloomberg Billionaire Index showed. The chairman of the China Evergrande Group, once the second richest person in Asia, was known to be the…

Chinese billionaire Hui Ka Yan's wealth has diminished to $3 billion from $42 billion in 2017-2018, Bloomberg Billionaire Index showed. The chairman of the China Evergrande Group, once the second richest person in Asia, was known to be the…

NEW DELHI: In a country that only tolerates dissent in small doses—and relies on property as its economic growth engine—a mortgage boycott by hundreds of thousands of middle-class Chinese has become a five-alarm fire for authorities. It…

If you’re a real estate or tech tycoon in China, like Wang Jianlin, Hui Ka Yan, Jack Ma, Pony Ma, you don’t want to be No. 1. In China, it’s good to be rich, but not too rich.…

BEIJING: A Chinese real estate developer that is struggling under $310 billion in debt is promising to deliver 600,000 apartments this year, a newspaper reported Thursday, in a show of confidence it can avert collapse and resume normal…

New Delhi: China`s second-biggest property developer Evergrande on Monday said it is suspending shares in Hong Kong. Though the property developer did not cite any reason for the trading halt, it is now widely seen as a move amidst…

Scrambling to avoid defaulting on its debts, cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake in Shengjing Bank Co Ltd to a state-owned asset management company. Shengjing…

The story so far: Chinese real estate conglomerate Evergrande Group has been in the news recently over its inability to pay interest on its huge debt obligations. The company recently defaulted on interest payment and is set to miss more…

New Delhi: China-based Evergrande Group has recently come under the scrutiny of regulators due to the massive debts piling up at the real estate firm. Concerns over a possibility of a massive default had sent shock signals across stock…