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
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
The embattled property developer's overdue results showed steep losses and liabilities prompting some to question the viability of its restructuring plan
But some analysts warned the move that sparked the share price rebound won’t be enough to turn around the country’s crippled property sector
Two subsidiaries holding 47 property projects will be transferred in a cash boost for the electric vehicle unit of the ailing real estate giant
The debt restructuring plan has not proven popular with Evergrande dollar bondholders, with one likening it to lending a bucket of rice and then being repaid back with two grains