Evergrande's woes deepen after police detain staff at its shadow bank
Chinese police have detained some staff of Evergrande's wealth management unit after the company failed to repay investors, in the first criminal probe launched against the embattled property developer since it was hit by a massive debt crisis in late 2021.
2023-09-18 17:18
China Evergrande shares tumble 25% after wealth management staff detained
HONG KONG Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some staff
2023-09-18 09:58
China police detain some Evergrande wealth management staff
BEIJING Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a
2023-09-17 12:51
Inside the downfall of embattled property developer China Evergrande
(changes digital headline only) By Engen Tham, Julie Zhu, Clare Jim SHANGHAI/HONG KONG -In the beginning, Hui Ka Yan followed
2023-08-31 19:20
Country Garden: Debt crisis-hit China property giant in record loss
Country Garden reported a record $6.7bn loss for the first six months of the year.
2023-08-31 11:29
Is China's economy 'a ticking time bomb'?
The world's second largest economy faces deep-rooted challenges in the years ahead.
2023-08-31 05:47
China Evergrande shares set to open down 14.3%
HONG KONG Shares of China Evergrande Group are set to open down 14.3% on Tuesday, exending losses from
2023-08-29 09:54
China's Evergrande says losses narrowed by 50% in the first half of 2023 as shares plunge
Evergrande Group, the world's most indebted real state developer, has reported a significant narrowing in its net losses for the first half of the year, thanks to a rise in revenue because of "the short boom of the property market" earlier this year.
2023-08-28 10:56
China Evergrande shares plunge more than 80% as trade resumes after 17 months
By Clare Jim HONG KONG (Reuters) -Shares of China Evergrande Group shed 86.7% early on Monday when trading resumed following
2023-08-28 09:45
Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss
The heavily-indebted firm's shares are set to resume trading in Hong Kong from Monday.
2023-08-28 09:17
China Evergrande H1 net loss narrows to $4.5 billion
HONG KONG Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan
2023-08-27 20:24
China Evergrande says resumption guidance fulfilled, shares set to trade next week
Embattled property developer China Evergrande Group said on Friday it has "adequately" fulfilled the resumption guidance issued by
2023-08-25 23:54