Search For "evergrande group"
China's real estate magnate Hui Ka Yan loses 93 per cent of his wealth
Updated : 2 weeks, 1 day ago IST
Once the second-richest person in Asia, the China Evergrande Group chairman's fortune is considerably diminished, moreover, Hui is also finding himself increasingly isolated politically, with the latest signal coming from the Chinese People's Political Consultative Conference.
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India to benefit from investment headwinds in China: SBI Research
Updated : 5 months, 1 week ago IST
New Delhi [India], August 30 (ANI): India is likely to benefit from a slowdown in investment intentions in China, said SBI Research in its latest report 'Ecowrap', adding that it believes the China story may now be facing clear headwinds.
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Homeowners boycott mortgage payments as China's economy stumbles
Updated : 5 months, 3 weeks ago IST
Beijing [China], August 18 (ANI): In a rare act of defiance, Chinese homebuyers across the country who bought property from indebted developers are refusing to repay loans on their unfinished apartments.
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Disgruntled homebuyers in Henan protest against delay in delivery of house
Updated : 5 months, 3 weeks ago IST
Beijing [China], August 18 (ANI): Disgruntled homebuyers in China's Henan province on Wednesday protested against delay in delivery of houses.
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Protest in China's Henan underscore risks bank faces as real estate sector
Updated : 5 months, 4 weeks ago IST
Beijing [China], August 12 (ANI): Recent protests in China's Henan province underline the risks being faced by banks as the real estate sector continues to struggle.
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China Evergrande falls short of promised restructuring plan: Report
Updated : 6 months, 1 week ago IST
Beijing [China], July 31 (ANI): China Evergrande Group, one of the largest property developers in the country by sales has said that it will unveil the restructuring plan within 2022, amid the constantly drowning economy due to the COVID-19 pandemic.
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China deploys bad-loans expert to clean up Henan's funding woes
Updated : 6 months, 2 weeks ago IST
Beijing [China], July 26 (ANI): Ahead of China's twice-a-decade leadership conclave, Beijing deployed a bad-loans expert to clean up Henan's festering banking and property mess.
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Evergrande stops trading on Hong Kong Stock Exchange
Updated : 10 months, 3 weeks ago IST
Hong Kong, March 21 (ANI): Trading in the shares of China's major property developer, Evergrande Group, was suspended on the Hong Kong stock exchange on Monday.
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Chinese property giant Evergrande suspends trading of shares in Hong Kong
Updated : 1 year, 1 month ago IST
Beijing [China], January 5 (ANI): China's property giant Evergrande Group Evergrande has suspended trading in Hong Kong as the heavily indebted company contends with an ongoing real estate crisis, CNN has reported.
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After Evergrande, another Chinese real estate developer Kaisa at risk of d
Updated : 1 year, 3 months ago IST
Hong Kong, November 6 (ANI): After China's property giant Evergrande Group faced a debt repayment deadline, another real estate developer Kaisa Group is at risk of default, escalating fears of further problems in the country's embattled property sector.
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Analysis: Unprecedented developments likely as Xi plans to extend reign
Updated : 1 year, 3 months ago IST
Tokyo [Japan], October 22 (ANI): After the removal of term limits in 2018, President Xi Jinping is heading into a third term and could rule China indefinitely.
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China's real estate industry body to hold meeting amid Evergrande crisis
Updated : 1 year, 3 months ago IST
Beijing [China], October 13 (ANI): As the debt crisis at Evergrande continues to spark concerns in China, the country's top real estate industry body is planning to convene a meeting on Friday to deal with issues in the housing market.
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