Evergrande

China Evergrande Group said on Friday that its chief executive officer and finance head have stepped down after initial findings of a probe into Evergrande Property Services found loans secured by the unit were redirected back to the…

China Evergrande, the embattled Chinese property developer, said late Friday that its chief executive had resigned, the latest setback for the company as it struggles to manage its crushing $300 billion in debt.In an announcement, the…

A rapidly increasing number of disgruntled Chinese homebuyersare refusing to pay mortgages for unfinished construction projects, exacerbating the country's real estate woes and stoking fears that the crisis will spread to the wider…

China Evergrande Group said on Friday the Hong Kong state bourse had directed it to have a winding-up petition filed by a creditor dismissed for shares to resume trading.Shares of the indebted property developer have been on hold since…

BEIJING/HONG KONG :Onshore bondholders of embattled property developer China Evergrande Group's main unit have rejected a proposal to postpone repayment of a 4.5 billion yuan ($671.04 million) bond, a securities filing made by the unit…

HONG KONG: China Evergrande Group is reaching out to its offshore creditors for their support to fight a lawsuit in a Hong Kong court aimed at liquidating the embattled property developer, according to a person with direct knowledge of the…

SHANGHAI: A unit of troubled property developer China Evergrande Group said construction work has resumed at 95 per cent of Evergrande's projects across the country as of late March. Evergrande has resumed work at 734 developments in all…

Chinese developer Evergrande said Tuesday it is investigating how lenders have laid claim to deposits valued at more than 13.4 billion yuan ($2.1 billion) for its subsidiary, the latest black mark against the debt-ridden property…

China Evergrande, the giant embattled property developer, will not be able to publish its annual financial results on time, the company said on Tuesday.The real estate giant blamed “drastic changes” to its business last year for the delay,…

China Evergrande Group said on Tuesday the embattled developer would not be able to publish its financial results for last year by March 31 as required by stock listing rules, as audit work has not yet been completed. Its two Hong…