Etiket: Evergrande
According to court order: Evergrande liquidation increases concerns about Chinese real estate sector – experts do not expect any "Lehman moment"
The decision to liquidate real estate giant China Evergrande has recently increased concerns about China’s struggling real estate sector. Nevertheless, experts believe that the impact will be limited. • China’s…
Judge orders liquidation of Chinese real estate developer Evergrande
A Hong Kong court has ordered the liquidation of Chinese real estate giant Evergrande, which is in dire financial straits. The company had failed to present a convincing restructuring plan,…
Chinese real estate company Evergrande will have longer to come up with a rescue plan
Chinese real estate company Evergrande has until January 29 to draw up a rescue plan to avoid bankruptcy. A judge in Hong Kong decided this on Monday, according to international…
Evergrande shares suspended from trading – China’s real estate crisis continues to weigh on
In the wake of the real estate crisis in China, trading in shares of the heavily indebted Evergrande Group has been stopped on the Hong Kong stock exchange. In addition…
Evergrande bankrupt: the Chinese group files an application in the USA
The company had gone into insolvency in 2021 due to heavy debt Editorial board August 18th – MILAN China’s real estate giant Evergrande filed for bankruptcy in a New York…
Chinese real estate giant Evergrande files for bankruptcy in the US
The heavily indebted Chinese real estate giant Evergrande has filed for bankruptcy in a United States court, court documents show. Evergrande hopes to protect its US assets while a debt…
Forced departure of top executives of Chinese real estate giant Evergrande
The CEO and the financial director of the Chinese real estate group Evergrande are fired. The company reported this on Friday, according to Bloomberg news agency. The forced departure of…
CEO and CFO of Chinese real estate giant Evergrande fired for dubious practices | Abroad
It concerns Xia Haijun and Pan Darong. Under their rule, about 2 billion euros in Evergrande funds would have been used for suretyships to third parties to obtain bank loans.…
China plans to dismantle ailing real estate giant Evergrande
Chinese authorities are considering dismantling the ailing real estate group Evergrande to stem the crisis in the real estate market. Under the restructuring proposal, Evergrande would have to sell most…