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China Evergrande Group (Evergrande)
China Focus
China developers offer deals betting home prices will hit bottom
Chinese state-owned Poly Developments and Holdings Group is offering homebuyers full refunds at a project in Wenzhou if prices drop further below their purchasing costs before the homes are built.
September 27, 2024
China Focus
China levies record penalty on PwC over Evergrande fraud
The accounting firm was fined 441 million yuan for its auditing work on Evergrande’s inflated financial reports from 2018 to 2020.
September 15, 2024
Company in the news
Evergrande heads to liquidation in milestone for property crisis
A wind-up could end up in management being replaced and addressing some issues, Judge Linda Chan said.
January 29, 2024
Company in the news
Evergrande halts trading after founder put under police control
No reason was given for the halt in a notice to the Hong Kong stock exchange on Thursday.
September 28, 2023
Company in the news
China puts Evergrande’s billionaire founder under police control
The move is the latest sign that the saga at the world’s most indebted developer has entered a new phase.
September 28, 2023
China Focus
China Evergrande will swap defaulted debt in court restructuring
The proposal addresses debt tied to China Evergrande, its Scenery Journey Ltd. unit and offshore financing arm Tianji Holding Ltd.
March 23, 2023
Banking & finance
World's worst-performing bank lent billions to China Evergrande
China Evergrande Group is one of Chine Minsheng Bank's largest customers, according to Bloomberg
January 12, 2022
China Focus
China’s risky business crackdown
Is there a larger purpose to the Chinese government’s recent actions against the country’s largest corporations?
October 07, 2021
Property
Share Trading Suspended as Debt Test Looms: Evergrande Update
Share trading in China Evergrande Group shares is suspended on Monday, Oct 4
October 04, 2021