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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
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
The collapse of Evergrande, one of China’s largest home developers, is “not a Lehman moment” but the fear may haunt steel and metal stocks in India
The correction in the Indian stock market on Monday was majorly led by metal stocks that fell on fe…
The founder of Evergrande just lost 2 Hong Kong mansions collectively valued at $200 million to a creditor
The two luxury mansions in Hong Kong's prestigious The Peak neighborhood were pledged for an HK$821…
Huileng Tan
The founder of Chinese property developer Evergrande — who was once Asia's second-richest person — is no longer a billionaire
Hui Ka Yan is now worth $979 million. His net worth has taken a 98% tumble since peaking at $42 bil…
Huileng Tan
Evergrande's billionaire founder is under police control, report says, as Beijing's crackdown on the property giant intensifies
The Bloomberg report comes as shares in the embattled Chinese real-estate giant plunged this week a…
George Glover
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
China's property stocks fall by the most in nine months as Evergrande says it's unable to issue new debt
China's property stocks have tanked by the most in nine months as the embattled industry struggles …
Joseph Wilkins
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
Tesla slips on Evergrande contagion and report of US vehicle regulator concerns over self-driving tech
Warnings from China's Li Auto about lower third quarter deliveries also pressured shares of EV make…
Carla Mozée
US futures get a lift from robust earnings, despite inflation and Evergrande fears
A strong earnings season so far has offset stock market investors' fears about inflation, central b…
Harry Robertson
Altcoins surge as Evergrande crisis cools off, with avalanche, cosmos and polkadot leading the charge
The smaller cryptocurrencies rallied sharply on Thursday, enjoying a swell of risk appetite after s…
Camomile Shumba
Evergrande's boss forced to sell an additional 277.8 million shares as China's government says it's not bailing the property giant out
The sale cut Hui Ka Yan's stake in Evergrande by nearly 2% — from 61.88% to 59.78%.
Huileng Tan
Global shares falter as investors fret over inflation and earnings, while Evergrande's missed bond payment roils Asia markets
The Chinese property giant missed a third bond payment, as surging natural gas and coal prices adde…
Amanda Cooper
US stock slip as traders closely watch Evergrande drama and debt ceiling talks
"Investors should brace for more stock market volatility," Jay Pestrichelli of Zega Financial said,…
Isabelle Lee
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
US stock futures lag as relief over Evergrande bond payment fails to outweigh downbeat tech earnings
Evergrande avoided a weekend payment default, but Snap's stock plunged premarket after it said Appl…
Shalini Nagarajan
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
Global stocks fall after Evergrande's Hong Kong trading halt rattles nerves, while oil wavers ahead of OPEC+ meeting
Investor fears over ever-higher inflation, the energy crisis, and tighter central bank policy are a…