Evergrande Group News
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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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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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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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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.a
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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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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.
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Embattled Evergrande's EV Unit Vows To Make Cars Early Next Year
Evergrande NEV has held meeting with suppliers and local authorities in the coastal city of Tianjin where it is building a car plant.
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Evergrande's Swedish Electric Vehicle Unit In Sale Talks, CEO Says
The Chinese property developer has spent billions of dollars on stakes in automobile technology developers, including NEVS.
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Evergrande's EV Unit Has Stopped Paying Staff, Factory Suppliers: Report
China Evergrande Group's electric vehicle unit has stopped paying its staff and factory suppliers.
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Evergrande Crisis Like China's Lehman Moment, Reminds Us Of IL&FS: Uday Kotak
Global markets have turned shaky ever since China's Evergrande Group crisis triggered. The real estate group is one of China's biggest developers and has total liabilities or debt of more than $300 billion.
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China Evergrande In Talks With Xiaomi Consortium To Sell EV Unit Stake
Evergrande has been struggling to raise funds to pay its debts after Beijing stepped up curbs on the real estate sector to contain the risks of a bubble.
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Jack Ma No Longer China's Richest Man As Real Estate Owner Overtakes Him
The owner of a real estate company has become the richest person in China with a $36.7 billion net worth, overtaking Alibaba co-founder Jack Ma, it was reported today. Evergrande Group owner Xu Jiayin's fortune of about $42.5 billion put him ahead of Jack Ma ($35.4 billion) and Tencent founder Pony Ma Huateng ($35.3 billion), reported the Efe news.
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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.
-
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.
-
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.
-
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.a
-
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.
-
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.
-
Embattled Evergrande's EV Unit Vows To Make Cars Early Next Year
Evergrande NEV has held meeting with suppliers and local authorities in the coastal city of Tianjin where it is building a car plant.
-
Evergrande's Swedish Electric Vehicle Unit In Sale Talks, CEO Says
The Chinese property developer has spent billions of dollars on stakes in automobile technology developers, including NEVS.
-
Evergrande's EV Unit Has Stopped Paying Staff, Factory Suppliers: Report
China Evergrande Group's electric vehicle unit has stopped paying its staff and factory suppliers.
-
Evergrande Crisis Like China's Lehman Moment, Reminds Us Of IL&FS: Uday Kotak
Global markets have turned shaky ever since China's Evergrande Group crisis triggered. The real estate group is one of China's biggest developers and has total liabilities or debt of more than $300 billion.
-
China Evergrande In Talks With Xiaomi Consortium To Sell EV Unit Stake
Evergrande has been struggling to raise funds to pay its debts after Beijing stepped up curbs on the real estate sector to contain the risks of a bubble.
-
Jack Ma No Longer China's Richest Man As Real Estate Owner Overtakes Him
The owner of a real estate company has become the richest person in China with a $36.7 billion net worth, overtaking Alibaba co-founder Jack Ma, it was reported today. Evergrande Group owner Xu Jiayin's fortune of about $42.5 billion put him ahead of Jack Ma ($35.4 billion) and Tencent founder Pony Ma Huateng ($35.3 billion), reported the Efe news.
