(Reuters) China Evergrande Group reported in its Wechat account that 91.7% of its Chinese projects had resumed construction after three months of struggle. Company Chairman Hui Ka Yan promised in…
(Financial Times) Property giant China Evergrande Group has been rated “restricted default” by global credit watcher Fitch, as the firm failed to make interest payments this week. Fitch is so…
(Reuters) Shares of Evergrande hit a record low of HK$1.81 on Monday after falling up to 20% as the Chinese property developer said it might fail on maturing $82.5 million…
(Reuters) New Energy Vehicle Group Ltd., Evergrande’s electric vehicle unit, fell up to 3.1% before recovering on Monday in Hong Kong after news it was planning a share placement to…
(Filing) Shares of embattled Chinese developer Evergrande fell about 5.7% on Thursday after news that it will sell its remaining stake of $273 million in HengTen Networks. The sale of…
(Reuters) Chinese property developer Evergrande Group has reportedly paid several bondholders everting a looming default on overdue coupons. The paid coupons relate to three bond tranches worth at least $148…
(Reuters) China’s Evergrande delivered 184 property projects between July and October amid the debt crisis facing the company. Evergrande said that it had delivered homes to 57,462 owners in the…
(Reuters) Evergrande has restarted more than 10 stalled projects in six cities as it shook off a debt crisis after a last-minute bond coupon payment last week. Through a Wechat…
(Bloomberg) Evergrande Group avoided default by paying an $83.5 million bond coupon just before the Saturday deadline. The next coupon payment will fall due in one week. The developer sent…
(Markets Insider) Shares of crisis-hit Evergrande fell to 14% in Hong Kong on Thursday as investors abandoned the stock following the collapse of a 50.1% stake sale of its property…
(Reuters) China’s Evergrande Group has made a payment of 121.8 million yuan or $19 million on an onshore bond coupon, which became due on Tuesday. The group’s unit Hengda Real…
(Global Times) Hopson Development Holdings Co. is seeking to acquire up to 51% of China’s Evergrande group’s property management unit. The deal is valued at about 40 billion HKD or…