The real estate group, struggling under about $300 billion of debt, bought the Wan Chai tower for HK$12.5 billion ($1.6 billion) seven years ago
The beleaguered developer's two most senior executives submit their resignations after audit reveals involvement in improperly diverting funds
Hong Kong Stock Exchange tells China Evergrande to get a winding-up plea filed by a creditor dismissed for its shares to start trading
Evergrande said it is in negotiations with bondholders to reach a deal as soon as possible, its statement to the Shenzhen Stock Exchange showed
Evergrande confirmed lawsuit by Top Shine Global in Hong Kong, for not fulfilling a financial obligation of $110 million, but insisted that the move would not effect its restructuring.
The government has eased mortgage costs through interest rate cuts, relaxed some rules on ownership of second homes and urged banks to lend more to buyers
Rating agency says China Evergrande and two subsidiaries stopped participating in process, making them impossible to rate.
The developer got an extension on two onshore bonds totalling 20 billion yuan, or $3 billion, due on May 6, to November 6
Struggling developer, which has $300 billion in liabilities, is offering special discounts with a target of 1-billion yuan in sales in upcoming holiday break
Onshore bondholders of Hengda's 7% 2026 bond have agreed to delay the coupon payment to October 27, Hengda said in a filing