China Evergrande
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Crisis-Hit Evergrande, Owing Over $300 Billion, Heads To Liquidation
China Evergrande Group received a liquidation order from a Hong Kong court, setting off what's likely to be a daunting process to carve up one of the biggest victims of a years-long and nationwide property debt crisis.
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Rise and Fall Of Crisis Hit Evergrande Founder Hui Ka Yan
Hui Ka Yan, the founder of China Evergrande Group that's at the epicentre of China's property crisis, has been put under police control, suggesting the firm may have entered a new phase involving the criminal justice system.
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Billionaire Boss Of China Evergrande Under "Residential Surveillance"
The billionaire boss of beleaguered Chinese property developer China Evergrande is being held by police, a report said Wednesday, as the debt-ridden company grapples with severe financial difficulties.
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China's Evergrande Group Files For Bankruptcy In US
Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its US assets while it efforts a restructuring deal.
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China's Evergrande Faces Over 1,300 Lawsuits Totalling $45 Billion: Report
Evergrande began to falter after China began cracking down on the property sector in 2020.
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Hui Ka Yan: 5 Points On Chinese Billionaire Who Lost 93% Of His Wealth
Hui Ka Yan is the embattled chairman of the Evergrande Group, one of China's biggest real estate developers that is under huge debt. He once had a net worth of $42 billion, which declined to $3 billion.
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Chinese Billionaire Hui Ka Yan Loses 93% Of His Wealth: Report
Hui Ka Yan, the Chairman of China Evergrande Group was once worth $42 billion, which made him Asia's second-richest person. However, his wealth has declined to $3 billion.
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China's Evergrande Group Delivers First Electric Vehicles
China Evergrande New Energy Vehicle Group Ltd has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday, it said on its official Wechat account.
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China Evergrande Winding-Up Lawsuit In Hong Kong Adjourned To November 7
Hong Kong's High Court approved on Monday an application by China Evergrande Group and its major offshore credit group to adjourn a winding-up petition against it to Nov. 7.
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China Evergrande EV Unit To Raise $347 Million From Share Sale To Fund Production
China Evergrande New Energy Vehicle Group Ltd will issue about 900 million shares at HK$3 apiece through a top-up placement to controlling shareholder Evergrande Health Industry Holdings Ltd, after striking a similar deal with it last week.
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Evergrande Electric Vehicle Arm To Start Taking Car Orders 'Imminently'
China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, "imminently" and open sales centres in 15 major cities across the country. Liu
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Evergrande Electric Vehicle Arm To Start Taking Car Orders 'Imminently'
The EV firm's Wechat post said the sales centres will be located in cities including Tianjin, Shanghai, and Guangzhou.
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US Billionaire George Soros Warns Against Investing In China. Here's Why
Hedge-fund billionaire George Soros has warned against investing in China which is witnessing a decline in the real estate boom, citing the example of Evergrande which is finding it difficult to pay its debts in the face of government policies design
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China Evergrande EV Unit To Raise $347 Million From Share Sale To Fund Production
China Evergrande New Energy Vehicle Group Ltd will issue about 900 million shares at HK$3 apiece through a top-up placement to controlling shareholder Evergrande Health Industry Holdings Ltd, after striking a similar deal with it last week.
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EV Maker Bedeo Acquires Protean From Evergrande's Auto Unit
Bedeo is buying Protean from National Electric Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group.
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Crisis-Hit Evergrande, Owing Over $300 Billion, Heads To Liquidation
China Evergrande Group received a liquidation order from a Hong Kong court, setting off what's likely to be a daunting process to carve up one of the biggest victims of a years-long and nationwide property debt crisis.
-
Rise and Fall Of Crisis Hit Evergrande Founder Hui Ka Yan
Hui Ka Yan, the founder of China Evergrande Group that's at the epicentre of China's property crisis, has been put under police control, suggesting the firm may have entered a new phase involving the criminal justice system.
-
Billionaire Boss Of China Evergrande Under "Residential Surveillance"
The billionaire boss of beleaguered Chinese property developer China Evergrande is being held by police, a report said Wednesday, as the debt-ridden company grapples with severe financial difficulties.
-
China's Evergrande Group Files For Bankruptcy In US
Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its US assets while it efforts a restructuring deal.
-
China's Evergrande Faces Over 1,300 Lawsuits Totalling $45 Billion: Report
Evergrande began to falter after China began cracking down on the property sector in 2020.
-
Hui Ka Yan: 5 Points On Chinese Billionaire Who Lost 93% Of His Wealth
Hui Ka Yan is the embattled chairman of the Evergrande Group, one of China's biggest real estate developers that is under huge debt. He once had a net worth of $42 billion, which declined to $3 billion.
-
Chinese Billionaire Hui Ka Yan Loses 93% Of His Wealth: Report
Hui Ka Yan, the Chairman of China Evergrande Group was once worth $42 billion, which made him Asia's second-richest person. However, his wealth has declined to $3 billion.
-
China's Evergrande Group Delivers First Electric Vehicles
China Evergrande New Energy Vehicle Group Ltd has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday, it said on its official Wechat account.
-
China Evergrande Winding-Up Lawsuit In Hong Kong Adjourned To November 7
Hong Kong's High Court approved on Monday an application by China Evergrande Group and its major offshore credit group to adjourn a winding-up petition against it to Nov. 7.
-
China Evergrande EV Unit To Raise $347 Million From Share Sale To Fund Production
China Evergrande New Energy Vehicle Group Ltd will issue about 900 million shares at HK$3 apiece through a top-up placement to controlling shareholder Evergrande Health Industry Holdings Ltd, after striking a similar deal with it last week.
-
Evergrande Electric Vehicle Arm To Start Taking Car Orders 'Imminently'
China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, "imminently" and open sales centres in 15 major cities across the country. Liu
-
Evergrande Electric Vehicle Arm To Start Taking Car Orders 'Imminently'
The EV firm's Wechat post said the sales centres will be located in cities including Tianjin, Shanghai, and Guangzhou.
-
US Billionaire George Soros Warns Against Investing In China. Here's Why
Hedge-fund billionaire George Soros has warned against investing in China which is witnessing a decline in the real estate boom, citing the example of Evergrande which is finding it difficult to pay its debts in the face of government policies design
-
China Evergrande EV Unit To Raise $347 Million From Share Sale To Fund Production
China Evergrande New Energy Vehicle Group Ltd will issue about 900 million shares at HK$3 apiece through a top-up placement to controlling shareholder Evergrande Health Industry Holdings Ltd, after striking a similar deal with it last week.
-
EV Maker Bedeo Acquires Protean From Evergrande's Auto Unit
Bedeo is buying Protean from National Electric Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group.
