Tag: Evergrande
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…
China: Evergrande to announce debt restructuring plan this week
by Clare Jim HONG KONG, July 25 (Reuters) – Real estate group China Evergrande is due to announce a debt restructuring plan this week that will determine its future and…
Evergrande is due to announce a debt restructuring plan this week
by Clare Jim HONG KONG (Reuters) – Real estate group China Evergrande is due to announce a debt restructuring plan this week that will determine its future and how Beijing…
Evergrande discusses debt-to-equity swap, staggered repayment for restructuring, two sources say
by Xie Yu, Julie Zhu and Clare Jim HONG KONG (Reuters) – Real estate group China Evergrande Group plans to repay around $19 billion (17.7 billion euros) in debt to…
How can Evergrande save its foreign bonds?
Redemption of foreign bonds and issuance of new bonds All of Evergrande’s $22.7 billion in foreign debt, including loans and private bonds, is considered defaulted after defaulting on payment obligations…
China: Evergrande postpones the publication of its annual results
China: Evergrande postpones the publication of its annual results | Photo credits: Xing Yun / Costfoto/Sipa USA/SIPA by Clare Jim and Jason Xue HONG KONG, March 22 (Reuters) – China…
Annual financial statements come later: Evergrande has a problem worth billions
Annual accounts come later Evergrande has a problem worth billions 03/22/2022, 11:26 am The subsidiary Evergrande Property Services has long been regarded as the Chinese real estate group’s cash cow.…
China Evergrande says unable to release annual results by March 31
Evergrande said in a stock filing that due to “drastic changes” in its operations since the second half of last year, the auditor has added a large number of additional…
China: Evergrande evokes a restructuring project within six months
by Clare Jim and Jason Xue HONG KONG, Jan 26 (Reuters) – Real estate group China Evergrande Group said on Wednesday it had set itself the goal of drawing up…
State is striving for restructuring: China rushes to the aid of crisis group Evergrande
State seeks restructuring China is rushing to the aid of the Evergrande crisis group 01/24/2022, 10:08 am Several billion euros in debt are weighing on China’s second largest real estate…
China Evergrande appoints EV unit chairman as executive director
Evergrande said in a Hong Kong Stock Exchange filing that Siu Shawn, 50, who was chairman of the board of China Evergrande New Energy Vehicle Group Limited, had entered into…
Evergrande Appoints Subsidiary President as Executive Director
(Reuters) – Financially troubled China Evergrande Group said on Sunday it had named the chairman of its subsidiary New Energy Vehicle Group as chief executive of the Chinese real estate…