The developer missed an interest payment on another bond in August, as it follows the downward spiral of dozens of its peers, including Evergrande
Police scrutiny of Evergrande, and now its chief, has complicated debt restructuring efforts by the world’s most debt-laden property developer
The developer's already battered Hong Kong-listed shares slipped more than 8% on Tuesday, taking the stock's losses to more than 27% in two days
The world's most indebted property developer said a regulatory probe into its main domestic subsidiary, Hengda, had halted the debt restructure
A former statistics bureau chief has gone public with his negative view of the country’s crisis-hit property sector
The ratings agency fears Beijing’s support measures won’t be enough to turn around the fortunes of the country’s real estate giants
The developer averted a catastrophic default this week at the very last minute but its offshore creditors warn there will have to be a debt restructure soon
On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock
Country Garden, facing $192 billion worth of debt, is saddled with nearly 1 million unfinished homes in 3,121 projects spread across all of China's provinces
With its regional governments facing unprecedented debt woes, economists say Beijing has realised it needs to urgently throw cash at the problem
Real estate giants like Country Garden and Sunac China saw their shares rise 18% and 17% while investors also piled into property firms’ bonds
The struggling real estate giant posted a combined loss of $81 billion for 2021 and 2022, deepening investor doubts about the viability of the restructuring deal