China Evergrande
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Asia
China Evergrande shares tumble for second day after unit misses bond payment
HONG KONG: China Evergrande Group shares slid for a second consecutive session on Tuesday (Sep 26), dropping as much as…
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Asia
China Evergrande shares tumble 25% after wealth management employees’ arrest
HONG KONG: Shares of embattled developer China Evergrande Group plunged 25 per cent as markets opened in Hong Kong on…
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Asia
Moody’s cuts China property sector’s outlook to negative
Moody’s on Thursday (Sep 14) cut China’s crisis-hit property sector’s outlook to negative from stable, citing economic growth challenges the…
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Asia
China’s property sector financial woes ripple through wider economy with billions owed to businesses, workers
He added that Evergrande also had a wealth management product, which employees were required to deposit money into. “For example,…
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Asia
China developer Evergrande posts losses for first half of the year
BEIJING: Heavily indebted Chinese property giant Evergrande Group on Sunday (Aug 27) announced it had suffered losses for the first half…
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Asia
China Evergrande net loss in first half of 2023 narrows to US$4.5 billion
HONG KONG: Property developer China Evergrande Group on Sunday (Aug 27) reported a January to June net loss of 33…
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Asia
China Evergrande says resumption guidance fulfilled, shares set to trade next week
Embattled property developer China Evergrande Group said on Friday (Aug 25) it has “adequately” fulfilled the resumption guidance issued by…
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Asia
Commentary: China property giant Country Garden’s woes – the good, the bad and the very ugly
But does billionaire businesswoman Yang Huiyan, who held a 52.6 per cent stake as of the end of July, still have…
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