China Evergrande
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China's Developer Sunshine 100 Defaults On $170 Million Debt Payment
The Chinese developer says liquidity issues led to default on debt payments. The Chinese developer says liquidity issues led to default on debt payments. -
China Evergrande Raises $273.5 Million Through Sale Of HengTen Stake
China Evergrande will sell its 1.66 billion shares in HengTen, netting the company $273.5 million China Evergrande will sell its 1.66 billion shares in HengTen, netting the company $273.5 million -
Evergrande makes coupon payment before Friday deadline - sources
Developer China Evergrande Group has made an interest payment for an offshore bond before a grace period expired on Friday, two people with direct knowledge of the matter said, narrowly averting a catastrophic default for the second time in a week. Developer China Evergrande Group has made an interest payment for an offshore bond before a grace period expired on Friday, two people with direct knowledge of the matter said, narrowly averting a catastrophic default for the second time in a week. -
China Evergrande expects to deliver 32 projects in Pearl River Delta by end-2021 - local media
Debt-laden real estate developer China Debt-laden real estate developer China -
Evergrande EV unit shares jump after chairman signals business shift
Shares in China Evergrande Group's electric vehicles (EV) unit <0708.HK> rose on Monday as the embattled property developer moved to prioritise the growth of its nascent EV business over its troubled core real estate operations. Shares in China Evergrande Group's electric vehicles (EV) unit <0708.HK> rose on Monday as the embattled property developer moved to prioritise the growth of its nascent EV business over its troubled core real estate operations. -
China's troubled property behemoth averts default for now
China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world's second-biggest economy. China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world's second-biggest economy. -
What lies beneath? Hidden debt fears feed China's property woes
That's the problem for investors searching for the next trouble spot in the Chinese real estate sector as industry giant China Evergrande Group lumbers towards what is expected to be the country's largest-ever corporate default. The figures on the books sometimes don't tell the full story. That's the problem for investors searching for the next trouble spot in the Chinese real estate sector as industry giant China Evergrande Group lumbers towards what is expected to be the country's largest-ever corporate default. The figures on the books sometimes don't tell the full story. -
China Evergrande says $2.6 billion stake sale of property services unit falls through
China Evergrande Group said on Wednesday a deal to sell a 50.1% stake in its property services unit has fallen through, delivering a blow to embattled developer's hopes of avoiding a potentially disruptive default. China Evergrande Group said on Wednesday a deal to sell a 50.1% stake in its property services unit has fallen through, delivering a blow to embattled developer's hopes of avoiding a potentially disruptive default. -
Key Evergrande deal to sell stake in unit put on hold - sources
China Evergrande Group's deal to sell a 51% stake in its property services unit has been put on hold, two people with knowledge of the matter said, in a blow to the embattled developer's hopes of avoiding a potentially disruptive default. China Evergrande Group's deal to sell a 51% stake in its property services unit has been put on hold, two people with knowledge of the matter said, in a blow to the embattled developer's hopes of avoiding a potentially disruptive default. -
Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say
Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion in debts. Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion in debts.