Embattled Chinese property giant Evergrande has cancelled a contract to build a football stadium in a southern city in return for 5.52 billion yuan ($818 million), it said in a filing.
A unit of embattled Chinese developer Evergrande has failed to repay its loans and must pay a guarantor $1.1 billion, the company said in a Hong Kong stock exchange filing.
Troubled Chinese property developer Evergrande has found a potential buyer for its Hong Kong headquarters, reports said Thursday, days before an expected announcement of the firm’s long-awaited restructuring plans.
Embattled Chinese real estate giant Evergrande has ousted its CEO and CFO after an internal investigation into why banks seized over $2 billion from the firm’s property services arm, the company has said.
Troubled Chinese developer Evergrande on Wednesday said it will sell its stake in an incomplete development near Shanghai for $575 million as it scrambles to
Chinese developer Evergrande said Tuesday it is investigating how lenders have laid claim to deposits valued at more than 13.4 billion yuan ($2.1 billion) for
Troubled Chinese property developer giant Evergrande and all its units suspended trading in Hong Kong Monday morning, according to a notice to the stock exchange.
Shares in debt-laden Chinese property giant Evergrande rallied Monday after a state firm official was appointed to its board, paving the way for a government
Embattled Chinese developer giant Evergrande announced Monday it was once again suspending trading of its shares in Hong Kong ahead of an announcement. The country’s
Embattled Chinese firm Evergrande will deliver almost four times the number of housing units to buyers in December than in the previous three months, its
