Evergrandes

China has spent nine months trying to kickstart the world's second-largest economy after three years of strict COVID lockdowns.  Despite targeted stimulus measures to boost exports and domestic consumption, growth has not yet returned to…

China has spent nine months trying to kickstart the world's second-largest economy after three years of strict COVID lockdowns.  Despite targeted stimulus measures to boost exports and domestic consumption, growth has not yet returned to…

HONG KONG : China Evergrande Group, the world's most indebted property developer, is expected to post on Monday significant losses in its long overdue results for 2021 and 2022 - numbers the market will scour for updates on the…

HONG KONG : Shareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose of two subsidiaries in a restructuring, according to a filing with the Hong Kong stock exchange on Friday night.More than 50 per cent…

GOVERNMENT SCRUTINY Situated in what had been a largely rural corner of China's southernmost Hainan province and, the sources say, inspired by Dubai's famous palm-shaped artificial islands, Ocean Flower Island consists of theme parks,…

Concerns mounted about a deepening liquidity crisis in the Chinese property sector on Wednesday ahead of a deadline for cash-strapped China Evergrande Group to make an offshore bond coupon payment. Evergrande, the world's most indebted…

STOCKHOLM : The Swedish electric vehicle unit of China Evergrande Group is in talks with U.S. and European venture capital firms and industrial partners to find new owners, its top chief said, as its Chinese parent battles default on…

In recent days, the property giant has worked to clear some tabs with domestic lenders as it tries to sort through its $300 billion mountain of debt. But the firm has stayed silent on two interest payments to offshore investors that came…

Shares of China Evergrande were halted on Hong Kong’s stock exchange on Monday as doubts swirled over whether the struggling property giant would be able to meet its immense financial obligations.No reason was given for the halt, which was…

OVER-REACTION In contrast, some property shares, hit hard by the Evergrande crisis, have started to bounce back, as some investors bet the market has over-reacted. "We have been underweight in developers, but have been gradually been…