Search For "evergrande"
Chinese real estate giant Evergrande rolls out restructuring plan
Updated : 3 days, 18 hours ago IST
Evergrande's negotiations with bondholders which investors said often seemed close to faltering covered over USD 19 billion of bonds.
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China loses face but refuses to back down
Updated : 1 month, 1 week ago IST
The high-altitude balloon saga is emblematic of China's tendency to come out swinging whenever it is embarrassed or cornered.
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China's real estate magnate Hui Ka Yan loses 93 per cent of his wealth
Updated : 2 months, 1 week 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 : 7 months 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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Barely surviving, growth no longer a priority: Chinese tech giant Huawei's
Updated : 7 months ago IST
Beijing [China], August 27 (ANI): The economic troubles inside China now lay bare as the founder of the country's tech giant Huawei has warned of a 'painful' next decade and forecasted that China would suffer through tough market conditions.
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Homeowners boycott mortgage payments as China's economy stumbles
Updated : 7 months, 1 week 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 : 7 months, 2 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 : 7 months, 2 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 : 8 months 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 : 8 months, 1 week 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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Chinese real estate firm Evergrande ousts top executives after loans come
Updated : 8 months, 1 week ago IST
Beijing [China], July 24 (ANI): China Evergrande, the embattled Chinese property developer, has ousted its CEO and chief financial officer after authorities conducted an internal investigation into why bank seized over USD 2 billion from the firm's property services arm.
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China scrambles to defuse anger over frozen bank accounts
Updated : 8 months, 2 weeks ago IST
Hong Kong, July 18 (ANI): To address rising public anger over frozen deposits at some rural banks in the country, the Chinese bank regulator has pledged to boost capital buffers for thousands of small banks which are facing worsening balance sheets amid a weak economy and a slump in the prop
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