China stocks extend fall on growth concerns HONG KONG: China and Hong Kong stocks extended losses on Monday as economic data pointed to a slowdown in growth... Published 05 Dec, 2023 03:01am
Business & Finance Evergrande chairman’s two luxury mansions seized by creditor HONG KONG: Two luxury homes in Hong Kong owned by the chairman of embattled property developer China Evergrande... Published 22 Nov, 2023 11:33am
Markets China stocks fall amid global rate concerns SHANGHAI: China stocks closed down on Wednesday, tracking weaker regional peers on concerns of global rates... Published 09 Nov, 2023 05:38am
Business & Finance Evergrande did not file court documents by requested time HONG KONG: China Evergrande Group did not submit defence documents to a Hong Kong court before a deadline that comes... Published 25 Oct, 2023 12:55pm
World Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets SYDNEY: China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources,... Published 29 Sep, 2023 10:44am
Business & Finance Evergrande shares halted as concerns mount about developer’s prospect HONG KONG: Trading in shares of China Evergrande Group was suspended on Thursday after a report that its chairman... Published 28 Sep, 2023 09:59am
Business & Finance Pressure piles on Evergrande with chairman under police watch, liquidation risk HONG KONG: The chairman of China Evergrande Group has been placed under police surveillance, Bloomberg News reported... Published 27 Sep, 2023 11:14am
Markets China Evergrande shares tumble 25% after wealth management staff detained HONG KONG: Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some... Published 18 Sep, 2023 09:37am
World China police detain some Evergrande wealth management staff BEIJING: Police in southern China have detained some staff at China Evergrande Group‘s wealth management unit,... Published 17 Sep, 2023 10:14am
Markets China Evergrande shares set to open down 14.3% HONG KONG: Shares of China Evergrande Group are set to open down 14.3% on Tuesday, exending losses from the previous... Published 29 Aug, 2023 10:03am
Business & Finance China Evergrande loses $2.4bn in value as trade resumes after 17 months HONG KONG: Shares of China Evergrande Group fell as much as 87% early on Monday when trading resumed following a 17... Published 28 Aug, 2023 10:32am
World China Evergrande files for protection in US court as part of $32bn debt overhaul HONG KONG/NEW YORK: Embattled developer China Evergrande Group has filed for protection from creditors in a US... Published 18 Aug, 2023 10:02am
Technology Evergrande NEV shares set to open sharply higher after share sale to NWTN HONG KONG: Shares of China Evergrande New Energy Vehicle Group(NEV) are set to open 14.7% higher on Tuesday, after... Published 15 Aug, 2023 10:20am
Markets Shares of Evergrande services arm set to drop as trading resumes HONG KONG: Shares of Evergrande Property Services Group are set to open 36.5% lower on Thursday as trading resumes... Published 03 Aug, 2023 09:51am
Technology Evergrande’s e-vehicle unit plunges as trading resumes HONG KONG: Shares in the electric vehicle subsidiary of Chinese property giant Evergrande plunged almost 70 percent... Published 28 Jul, 2023 12:30pm
Business & Finance Hong Kong court to hold hearings on China Evergrande restructuring plan in Sept HONG KONG: A Hong Kong court will hold sanction hearings over whether to approve embattled Chinese property... Published 24 Jul, 2023 12:05pm
Business & Finance Evergrande’s liabilities, depleted coffers raise business viability concerns HONG KONG: China Evergrande Group’s huge liabilities and diminishing cash disclosed in its long-overdue reports for... Published 18 Jul, 2023 02:10pm
Business & Finance China property giant Evergrande reports $96 billion loss for 2021 BEIJING: Chinese property giant Evergrande reported Monday a $96 billion net loss for 2021 and nearly $335 billion... Published 17 Jul, 2023 08:36pm
Business & Finance Evergrande Property Services flags sufficient working capital till 2024 Evergrande Property Services Group Ltd on Monday reported a 46.4% plunge in its fiscal 2022 profit, when compared... Published 06 Jun, 2023 01:13pm
Business & Finance Shareholders of Evergrande’s EV unit agree on restructuring deal HONG KONG: Shareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose of two... Published 13 May, 2023 09:52am
Business & Finance China Evergrande debt restructuring incentive to test creditor appetite HONG KONG: Embattled property developer China Evergrande Group will get a signal on Thursday of the level of... Published 27 Apr, 2023 11:05am
Business & Finance Evergrande’s $1.2bn onshore bondholders to vote on offshore restructuring plan on Wed HONG KONG: China Evergrande Group’s onshore flagship unit Hengda Real Estate said the holders of an onshore bond... Published 24 Apr, 2023 03:34pm
Business & Finance Evergrande enters debt restructuring plan with creditors HONG KONG: Chinese property developer Evergrande said it has entered into a restructuring agreement with a group of... Published 04 Apr, 2023 12:12pm
Business & Finance Evergrande’s EV unit warns it may halt production amid funds shortage HONG KONG: China Evergrande New Energy Vehicle Group Ltd said on Thursday it may have to halt production of electric... Published 27 Mar, 2023 06:15am
Business & Finance China Evergrande to unveil debt restructure details on Wednesday HONG KONG: Embattled developer China Evergrande Group plans to publish an offshore debt restructuring term sheet on... Published 20 Mar, 2023 11:10am
Markets China ferrous futures rebound MANILA: Chinese iron ore and steel futures rose on Wednesday, rebounding after two days of losses, with news that... Published 22 Dec, 2022 05:57am
Business & Finance Debt-hit China Evergrande sells land for $1bn BEIJING: Embattled property giant China Evergrande has sold land earlier earmarked for its headquarters in the... Published 29 Nov, 2022 07:26am
Business & Finance China Evergrande to get $818mn for scrapping stadium deal BEIJING: Embattled Chinese property giant Evergrande has cancelled a contract to build a football stadium in a... Published 05 Aug, 2022 09:55am
Business & Finance Indebted Evergrande looks to sell Hong Kong headquarters again HONG KONG: Troubled Chinese property developer Evergrande has found a potential buyer for its Hong Kong ... Published 29 Jul, 2022 06:14am
Business & Finance Asia’s richest woman loses half her wealth in China property crisis BEIJING: Asia’s wealthiest woman lost more than half her fortune over the past year as China’s real estate ... Published 29 Jul, 2022 06:14am