Why should I care if Evergrande collapses? – BBC News

[ad_1] 20 September 2021 Updated 29 September 2023 Image source, Getty Images Image caption, Before its debt crisis, Evergrande was building a new stadium for its football team, Guangzhou FC…

Evergrande EV exec detained in China

[ad_1] A top executive of China Evergrande’s electric vehicle company has been detained by police in the latest sign of trouble for the world’s most heavily indebted property developer. ADVERTISEMENT…

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…

Hong Kong stocks approach 11-month low on rate concerns while Evergrande slips

[ad_1] Hong Kong stocks fell, tracking an overnight decline in US equities after a report showing higher job listings bolstered bets the Federal Reserve would keep interest rates elevated in…

China’s Evergrande resumes Hong Kong trading

[ad_1] Shares in Chinese property giant Evergrande rose as trading resumed on Tuesday, following a suspension last week when the heavily indebted company announced its boss was under criminal investigation.…

Hong Kong Property Tycoon Denies Rumors That Wife Lost $2.6 Billion With Bad Investments

[ad_1] Hong Kong billionaire Joseph Lau and his wife Chan Hoi Wan. Visual China Group via Getty Images Joseph Lau, former chairman of Hong Kong property developer Chinese Estates Holdings,…

Evergrande liquidation hearing pushed to Jan, focus on new debt revamp plan

[ad_1] HONG KONG, Dec 4 (Reuters) – China Evergrande Group (3333.HK) on Monday said it has been granted an adjournment of a court hearing into a liquidation petition to Jan.…

Evergrande founder Xu Jiayin remains a local hero despite woes

[ad_1] ZHOUKOU, China — Even as crisis grips China Evergrande Group, its founder, Xu Jiayin, continues to evoke pride and gratitude for those in his home village in a central…

Chinese developer Evergrande wins more time for restructuring deal

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Hong Kong judge has delayed a decision on…

Evergrande Shares Rise as Court Grants More Time for Debt Talks

[ad_1] China Evergrande’s shares rose after a court granted the Chinese property developer more time to work out a plan to restructure billions of dollars in debt. Shares rose 13%…