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2 mins read

China's Evergrande Group shares plummet over 80%

World's most indebted real state developer, Evergrande Group's shares plummeted 87 per cent on Mond…

ANI   


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3 mins read

There may be little to recover in the $300 billion Evergrande debt saga

Liquidators will take control of the company's assets and prepare to sell them in order to repay th…

Huileng Tan,Nidhi Pandurangi   


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1 min read

Evergrande shares jumped 42% within 15 minutes of resuming trade amid investigation woes

Trade in Evergrande shares was suspended last Thursday after Bloomberg reported the company's chair…

Huileng Tan   


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Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home

Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate followi…

Huileng Tan   


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Evergrande stocks have tanked 27% this week, suggesting the worst is far from over for China's property sector

Evergrande is valued at 5.3 billion Hong Kong dollars now — way down from 2017 when it was wo…

Huileng Tan   


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China Evergrande has had a wild ride on the stock market in the 3 weeks since trading was resumed

The Chinese property developer's shares tanked 25% early on Monday following news that some of its …

Huileng Tan   


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China Evergrande soars 70% to lead Chinese property names higher after another developer dodges default

Country Garden Holdings and Logan Group also made sharp gains, following the former's $22.5 million…

Phil Rosen   


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China Evergrande, the world's most heavily indebted property developer, just filed for Chapter 15 bankruptcy protection

Evergrande's filing came amid fears of widening economic woes in China as the country's real-estate…

Huileng Tan   


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1 min read

China Evergrande crashes 87% to become a penny stock as the former $50 billion real estate giant reveals more steep losses

Once a $50 billion developer, shares of the troubled property giant tumbled in Hong Kong after a 17…

Insider Inc.   


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Shares of Chinese developer Kaisa and units suspended as debt woes mount amid fears of contagion from Evergrande's crisis

Kaisa's troubles come amid concerns about a deepening liquidity crisis in the Chinese property sect…

Donny Kwok and Anne Marie Roa…   


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Trading in Evergrande shares has been suspended pending a 'major transaction' - and as another debt test looms

Embattled Chinese property developer Evergrande is fighting for its life and is down more than 80% …

Reuters   


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Evergrande aims to raise $5 billion by selling a half-stake in its property services unit as another interest payment looms, report says

Trading in Hopson was also temporarily suspended in Hong Kong on an impending announcement about a …

Shalini Nagarajan   


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Evergrande's last-gasp interest payment gives Chinese developer stocks and Asia bonds a lift

Hong Kong's Hang Seng mainland property index rose 3.3% in its biggest weekly gain in a month, whil…

Shalini Nagarajan   


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3 mins read

China's bond market slides as Evergrande's 3rd missed payment hammers the property sector, while smaller rivals scramble to avoid default

The worsening situation highlights the impact of Evergrande, which holds a crushing $305 billion in…

Shalini Nagarajan   


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A bank advising Evergrande's lenders says the embattled property developer is expected to default, report says

A bank director advising Evergrande bondholders said a default is likely to come soon, Reuters repo…

Harry Robertson   


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1 min read

Evergrande stock has soared 35% in the past week as the embattled property developer sells assets to pay its debts

Evergrande plans to raise $1.5 billion by selling its stake in a Chinese bank to a state-owned ente…

Matthew Fox   


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Wealth management products like Evergrande's are a big hidden risk for China's troubled property market, economists say

Often opaque financial products have helped property developers raise money but pose big risks, acc…

Harry Robertson   


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China's Evergrande plunges as much as 14% after $2.6 billion sale falls through, as trading resumes in Hong Kong

The enormous Chinese property developer Evergrande is on the brink of default, raising fears of con…

Harry Robertson   


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China's government is stepping in to help Evergrande deal with its debt, as it has with previous large-scale corporate clean-ups

This comes after Evergrande said in filing to the Hong Kong Stock Exchange there was "no guarantee"…

Huileng Tan   


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3 mins read

What will happen if Evergrande collapses, and how China will manage the fallout

"The priority for the government in managing bankruptcies or defaults is always to ensure social st…

Lina Batarags