[ad_1] Updated Jan. 8, 2024 5:07 am ET The bad news keeps coming for China Evergrande and its investors. A top executive of the beleaguered property company’s electric-vehicle business has…
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Evergrande Auto’s Investment Agreement With Dubai Automaker Lapses
[ad_1] Updated Jan. 1, 2024 9:26 pm ET China Evergrande New Energy Vehicle said an agreement for a Dubai-based automaker to subscribe to its shares has expired, raising fresh doubts…
China Evergrande Avoids a Debt Disaster—for Now
[ad_1] China Evergrande Group, the giant property developer whose default two years ago fueled a crisis in the country’s real-estate market, got some unexpected good news on Monday. The company,…
China Evergrande Winding-Up Hearing Adjourned to Dec. 4
[ad_1] China Evergrande has been given another chance to restructure its billions of dollars in debt as a court adjourned a hearing to wind up the company. The heavily indebted…
WSJ News Exclusive | Xi Jinping Is Looking for Someone to Blame for China’s Property Bust
[ad_1] Updated Oct. 26, 2023 12:05 am ET With China’s property bust threatening to sink the country’s economic recovery, Xi Jinping is looking for someone to blame. After putting the…
China Stabilizes, in the Shadow of Country Garden and Evergrande
[ad_1] China’s economy no longer resembles a newly paved parking lot: Things are moving again and green shoots are creeping up through the cracks. But sustaining that could be tough…
China Property Bonds Looked Cheap at 20 Cents on the Dollar. They Weren’t.
[ad_1] Updated Oct. 17, 2023 12:06 am ET China’s property market meltdown created a multibillion-dollar opportunity for distressed-debt investors. It hasn’t paid off. Copyright ©2023 Dow Jones & Company, Inc.…
How Evergrande’s Chief Tried to Turn Things Around—and Failed
[ad_1] Hui Ka Yan, once one of the world’s richest men, led China Evergrande through its rise and fall. His failures in the aftermath made the property developer’s collapse a…
Evergrande Investors Warn of ‘Uncontrollable Collapse’
[ad_1] Evergrande’s 11th-hour cancellation of a $19 billion debt restructuring could lead to a messy collapse and have “a catastrophic effect” on other troubled companies in the sector, its bond…