📬 Daily Brief: An Evergrande plan

[ad_1] Good morning, Quartz readers! Here’s what you need to know A Hong Kong court will hear how Evergrande plans to restructure $300 billion in debt today. The troubled Chinese…

China, Hong Kong stocks fall on economic worries, geopolitical tensions

[ad_1] Chinese and Hong Kong stocks fell on Tuesday as lingering economic worries and geopolitical tensions weighed on sentiment, with thin trading seen ahead of China’s National Day holiday. China’s…

Another blow to China’s realty sector reeling under crisis! Evergrande Group halts trading in Hong Kong; check details

[ad_1] The enduring housing crisis has inflicted considerable hardship on homebuyers across the nation in China, many of whom invested their life savings in properties that were never realized. Updated…

China’s Evergrande Group H1 net loss declines to $4.5 billion

[ad_1] The world’s most-indebted property developer China Evergrande Group reported a narrower net loss for the first half of the year on 27 August, citing a rise in revenue, reported…