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
Business & Finance China developer Evergrande gets bid for Hong Kong HQ from CK Asset HONG KONG: CK Asset Holdings, founded by billionaire Li Ka-shing, said on Thursday it has submitted a bid for the... Published 28 Jul, 2022 11:14am
Business & Finance Chinese real estate giant Evergrande ousts top executives BEIJING: Embattled Chinese real estate giant Evergrande has ousted its CEO and CFO after an internal investigation... Published 24 Jul, 2022 05:04am
Business & Finance Indebted Evergrande to sell $575m stake in mega-project BEIJING: Troubled Chinese developer Evergrande on Wednesday said it will sell its stake in an incomplete development... Published 31 Mar, 2022 07:54am
Business & Finance Indebted Evergrande to sell $575 million stake in mega-project BEIJING: Troubled Chinese developer Evergrande on Wednesday said it will sell its stake in an incomplete development... Published 30 Mar, 2022 10:18am
Business & Finance Debt-ridden Evergrande urges investor ‘caution’ as audit result delayed HONG KONG: Debt-ridden Chinese property developer giant Evergrande on Tuesday warned investors to “exercise caution”... Published 22 Mar, 2022 10:47am
Business & Finance China property giant Evergrande suspends share trading again HONG KONG: Troubled Chinese property developer giant Evergrande and all its units suspended trading in Hong Kong... Published 21 Mar, 2022 10:42am
Business & Finance China property shares slump as planned US rate hike adds to woes HONG KONG: China Evergrande Group shares slumped on Thursday after the developer's thinly detailed roadmap for... Published 27 Jan, 2022 03:33pm
Business & Finance China Evergrande says hiring more advisers to help deal with debt SHANGHAI/HONG KONG: China Evergrande Group said on Friday that it was hiring more financial and legal advisers to... Published 21 Jan, 2022 12:05pm
Business & Finance China Evergrande moves headquarters from Shenzhen to Guangzhou SHENZHEN: Cash-strapped property firm China Evergrande Group has left what has been its headquarters in the city of... Published 10 Jan, 2022 02:16pm
Business & Finance As pressure mounts, China Evergrande seeks delaying onshore bond payment for relief BEIJING/HONG KONG: China Evergrande Group will hold a meeting with some yuan bondholders on Jan. 7-10 to vote on... Updated 05 Jan, 2022 11:41am
Business & Finance Troubled Evergrande suspends share trading again HONG KONG: Embattled Chinese developer giant Evergrande announced Monday it was once again suspending trading of its... Published 03 Jan, 2022 09:26am
Markets Evergrande shares plunge after reports of new missed payment BEIJING: Shares in embattled Chinese property giant Evergrande tumbled 10 percent in Thursday morning trade in Hong... Published 30 Dec, 2021 10:03am
Markets China Evergrande shares rise on vow to boost unit construction Shares in China Evergrande Group jumped more than 8% on Tuesday morning after the embattled property developer said... Published 28 Dec, 2021 11:06am
Business & Finance Debt-crippled Evergrande vows 'full steam ahead' to deliver homes BEIJING: Embattled Chinese firm Evergrande will deliver almost four times the number of housing units to buyers in... Published 27 Dec, 2021 09:50am
Business & Finance China Evergrande reports progress in resuming home deliveries SHANGHAI: China Evergrande Group said on Sunday it had made initial progress in resuming construction work with its... Published 27 Dec, 2021 06:45am
Markets HK shares close lower HONG KONG: Hong Kong shares finished lower on Friday, dragged down by tech heavyweights, as a potential default by... Published 11 Dec, 2021 04:12am
Markets Asia markets up but fears over Chinese real estate linger HONG KONG: Asian stocks were broadly up Wednesday after a strong lead from Wall Street, but fears lingered over... Published 09 Dec, 2021 04:29am
Business & Finance Evergrande looks to restructure, sets up risk committee BEIJING: Embattled property giant Evergrande is planning what could become China's biggest ever debt restructuring,... Published 07 Dec, 2021 10:25am
Business & Finance Chinese developer misses major bond repayment of $179 million BEIJING: Another Chinese property developer said Monday it had defaulted on a major bond repayment, citing liquidity... Published 06 Dec, 2021 10:47am
Business & Finance China Evergrande gets $260mn demand, warns of non-payment China Evergrande has got a demand under a $260 million guarantee obligation, the company said on Friday, adding it... Updated 03 Dec, 2021 06:22pm
Business & Finance China Evergrande resumes construction on 63 projects in Pearl River delta BEIJING: Debt-laden real estate developer China Evergrande has resumed construction of 63 projects in the southern... Published 19 Nov, 2021 10:56am
Markets Miners lift UK’s FTSE 100 to new 20-month highs, Burberry slides LONDON: UK’s blue-chip index hit fresh 20-month highs on Thursday as miners bounced on relief that property... Published 12 Nov, 2021 04:46am
Business & Finance China Evergrande bondholders receive overdue bond coupon payments HONG KONG: Several bondholders of China Evergrande Group have received coupon payments from the indebted property... Published 11 Nov, 2021 09:23am
Markets Hong Kong stocks close up as property and tech shares boost HOING KONG: Hong Kong shares finished up on Wednesday, led by real estate firms and tech giants, as investors bought... Published 11 Nov, 2021 05:20am
Business & Finance Evergrande raises $144m BEIJING: Crisis-hit property developer Evergrande has managed to raise around $144 million by slashing its stake in... Published 10 Nov, 2021 05:47am
Business & Finance Chinese developer Kaisa halts trading as property woes grow BEIJING: Chinese developer Kaisa Group suspended trading in its Hong Kong-listed shares Friday, raising concerns... Published 05 Nov, 2021 12:17pm
Business & Finance Developer Evergrande says 57,400 properties handed to buyers BEIJING: Troubled Chinese developer Evergrande said Wednesday that it has delivered over 57,400 units to buyers... Updated 03 Nov, 2021 12:23pm