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China Evergrande to get $818M for scrapping stadium deal

August 5, 2022 No Comments

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.

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Unit of Chinese property giant Evergrande ordered to pay $1.1B

August 2, 2022 No Comments

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.

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Indebted Evergrande looks to sell Hong Kong headquarters again

July 28, 2022 No Comments

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.

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Chinese real estate giant Evergrande ousts top executives

July 24, 2022 No Comments

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.

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Indebted Evergrande to sell $575M stake in mega-project

March 30, 2022 No Comments

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

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Debt-ridden Evergrande says lenders lay claim over $2.1B

March 23, 2022 No Comments

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

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China property giant Evergrande suspends share trading again

March 21, 2022 No Comments

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.

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Evergrande shares rise after reports of government restructure

January 24, 2022 No Comments

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

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Troubled Evergrande suspends share trading again

January 3, 2022 No Comments

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

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Debt-crippled Evergrande vows ‘full steam ahead’ to deliver homes

December 28, 2021 No Comments

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

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