The debt restructuring plan has not proven popular with Evergrande dollar bondholders, with one likening it to lending a bucket…
The restructuring, worth $22.7 billion, is just part of Evergrande‘s total liabilities that amount to more than $300 billion
Home sales by floor area in January-February dropped 3.6% from a year earlier, compared with a 24% decline for the…
Bondholders have also been pushing Evergrande Chairman Hui Ka Yan to put in more of his own money to repay…
Home prices in the territory dropped in 2022 with December seeing the seventh consecutive monthly decline
Prices in December declined 0.2% month-on-month, the fifth consecutive monthly fall and at the same pace as in November
Increased state support saw the country’s real estate developers raise $19.9bn last month – but fundraising still dropped 38% over…
The Hang Seng Mainland Properties Index firmed in mid-afternoon trade, after earlier jumping close to 4%
The world's most indebted property developer has been struggling to repay its many creditors, making this a 'crucial year' for…
Property prices in 100 Chinese cities fell for the sixth month in a row in December, a private real estate…
The services unit’s pledged shares were last enforced a year ago, when the group's ownership was reduced from 60.96%
Construction at the site has been halted since September 2021, with Evergrande facing more than $300 billion in liabilities