China Evergrande Group

China property shares gained5%this week with government intervention to ease houses crisis

17 مايو 2024 10:51 ص

China 's CSI 300 Real Estate index gained 5% this week and shares of Chinese property developers rose on Friday as investors expected authorities to announce more measures to stabilise the crisis-hit houses sector, with fresh data showing the fastest drop in new home prices in more than nine years and it remained unclear how any government intervention would be funded, with local governments

China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case

22 مارس 2024 04:23 م

Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, ramping up pressure on the global accounting giant that audited a slew of developers before the sector’s meltdown.

بعد انهيار مجموعة إيفرغراند.. الصين تطلق إجراءات جديدة لدعم القطاع العقاري

31 يناير 2024 01:25 م

أطلقت الصين حزمة إجراءات جديدة لدعم القطاع العقاري الذي تعثر بعد أيام من انهيار مجموعة إيفرغراند China Evergrande Group .

Two of London’s Most Expensive Mansions Are Struggling to Sell

06 ديسمبر 2023 06:16 م

Two of London’s priciest mansions, on the market for a combined £475 million ($602 million), are struggling to sell as high interest rates and a tough tax environment curb investment

Evergrande rejects report it artificially ‘inflated revenue،’ court delays liquidation hearing

04 ديسمبر 2023 06:43 م

Evergrande Group on Monday rejected a report alleging the beleaguered Chinese property firm had been “artificially inflating its revenue” and said the claims were “without basis.”

China Home Sales Decline Slows in October Amid Policy Support

31 أكتوبر 2023 04:32 م

The decline of China’s home sales slowed in October, following stepped-up efforts from Beijing to support the housing sector

China Evergrande’s troubles mount as chairman is suspected of ‘illegal crimes’

29 سبتمبر 2023 05:00 م

A day after China Evergrande’s shares were suspended in Hong Kong, the beleaguered Chinese property firm revealed that its director and executive chairman is under scrutiny over suspected crimes

Evergrande Says Chairman Under Measures on Suspicion of Crime

28 سبتمبر 2023 05:59 م

Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, is suspected of crimes, according to a statement from the firm

China Developers Slump Most Since December as Evergrande Weighs

25 سبتمبر 2023 04:07 م

Chinese property stocks tumbled the most in nine months as concern over a possible China Evergrande Group liquidation added to fresh signs of stress across the industry

Evergrande soars 70% leading Chinese property stocks higher after Country Garden avoids default

06 سبتمبر 2023 05:07 م

Shares of Chinese property developer Evergrande as much as 82% on Wednesday, leading gains on the Hang Seng Index

Evergrande shares plunge as much as 87% as trading resumes after 17 months

28 أغسطس 2023 05:30 م

Shares of the world’s most indebted property developer China Evergrande Group plunged as much as 87% on its open on Monday, trading for the first time since March 21, 2022

Chinese property developer Evergrande posts $81 billion loss over the past two years

18 يوليو 2023 04:01 م

Evergrande’s net losses for 2021 and 2022 were 476 billion yuan ($66.36 billion) and 105.9 billion yuan ($14.76 billion), respectively, as a result of writedowns of properties, return of lands, losses on financial assets and financing costs

London’s Most Expensive Mansion is on Sale Again

10 أكتوبر 2022 07:10 م

The Knightsbridge mansion overlooking Hyde Park is being offered for sale through Beauchamp Estates, according to a person with knowledge of the sales process.

Evergrande Offers Restructuring Principles As Debt Crisis Grows

29 يوليو 2022 05:28 م

China Evergrande Group, the worlds most indebted developer at the center of a broader debt crisis in the countrys property industry, unveiled preliminary principles for the restructuring of its offshore debt

Shares of ally of China Evergrande Group tumbled

20 ديسمبر 2021 05:33 م

The property firm, a long-time ally of China Evergrande Group, plunged as much as 35% to HK2.45 in Hong Kong trading on Monday morning

Evergrande averted a default at the last minute again

11 نوفمبر 2021 02:04 م

Evergrande, the worlds most indebted developer, has been stumbling deadline to deadline in recent weeks as it grapples with more than 300 billion in liabilities, 19 billion of which are dollar bonds

Ending a grace period today signals a renewed trouble for Evergrande

10 نوفمبر 2021 05:41 م

Evergrande, the worlds most indebted developer, has been stumbling deadline to deadline in recent weeks as it grapples with more than 300 billion in liabilities, 19 billion of which are international market bonds

Avergrande averted a default, buying it another week

23 أكتوبر 2021 05:31 م

Facing a deadline on Saturday to pay interest on a U.S. dollar bond, Evergande sent 83.5 million to a Citibank trustee account on Thursday

Evergrande secured an extension on a defaulted bond

21 أكتوبر 2021 03:42 م

Evergrande has won a more than three-month extension to the maturity of a 260 million bond, issued by joint venture Jumbo Fortune Enterprises and guaranteed by Evergrande, beyond Oct. 3 after agreeing to provide extra collateral, REDD reported, citing holders of the bond