Tag: Evergrande
“Evergrande is not the only Chinese real estate developer to find himself in hell”
LThe Cantonese call it Hui Ka Yan, the Pekingese call it Xu Jiayin, its name in Mandarin. He was born in a small village in Henan, central China. His father,…
Market: Evergrande creditors will support the group’s request for liquidation without a restructuring plan
SYDNEY (Reuters) – A large group of China Evergrande Group’s offshore creditors plans to join a liquidation petition filed against the developer if it does not submit a new debt…
the difficult restructuring of Evergrande, the most indebted promoter in the world
The headquarters of the Chinese real estate group Evergrande, in Hong Kong, on July 28, 2022. ISAAC LAWRENCE/AFP Suspended since March 2022 for non-presentation of financial results, the resumption of…
After more than a year of trading suspension, Evergrande stock plummets in Hong Kong
(BFM Bourse) – The ultra-indebted Chinese promoter lost around 80% on the Hong Kong Stock Exchange on Monday after seeing its share suspended for 17 months. The group issued a…
China: Evergrande loses more than 2 billion dollars in capitalization on its resumption of listing
HONG KONG (Reuters) – Shares of Chinese real estate group China Evergrande fell more than 80% on Monday as it resumed trading after a 17-month suspension, wiping out more than…
Chinese real estate market: Evergrande halves loss in the first half of the year
Chinese real estate market Evergrande halves loss in the first half of the year 08/27/2023, 4:06 p.m A small ray of hope for the Chinese real estate giant Evergrande, which…
Real estate giant China Evergrande files for bankruptcy protection in the US
Insolvent since the end of 2021 Real estate giant Evergrande files for bankruptcy protection in the United States 08/18/2023, 08:20 am With around 300 billion euros, China Evergrande is in…
Wall Street weakens: Evergrande makes US investors nervous
Wall Street is weakening Evergrande makes US investors nervous 08/18/2023, 11:16 p.m US stock market traders shy away from the risk at the end of a week of losses. The…
Bankruptcy in the United States of the Chinese real estate giant Evergrande
A building with the Evergrande logo in Shenzhen, China, September 26, 2021. ALY SONG / REUTERS The heavily indebted Chinese real estate giant Evergrande on Thursday (August 17th) requested its…
the painful restructuring of Evergrande, the most indebted developer in the world
One billion euros less for Evergrande’s debt. At the end of November, the most indebted property developer in the world sold land in Shenzhen for 7.54 billion yuan (1.03 billion…
China: Real estate giant Evergrande delivers its first electric cars
Published on 29/10/2022 at 11:47 Photo credit © Reuters BEIJING (Reuters) –…
China: Real estate giant Evergrande delivers its first electric cars
China: Real estate giant Evergrande delivers its first electric cars | Photo credits: Xing Yun / Costfoto/Sipa USA/SIPA BEIJING, Oct 29 (Reuters) – China Evergrande New Energy Vehicle, a subsidiary…