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China Evergrande Group’s debt load is far bigger than earlier estimated, amounting to HK$350 billion ($45 billion) as any “holistic” restructuring of the Chinese real estate firm is deemed out of ...
Court-appointed liquidators are working with UBS Group and Citic Securities to seek potential buyers for the subsidiary, ...
The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another setback to ...
Liquidators of China Evergrande Group said on Tuesday they have sold about $255 million of its assets 18 months into China's ...
China Evergrande Group, a once high-flying real estate developer now beset by a debt crisis and a court-ordered liquidation, ...
China’s faltering property sector continues to be a drag on consumption, with much of middle class wealth stored in homes that have not regained value.
Evergrande’s downfall is by far the biggest in a crisis that dragged down China’s economic growth and spurred a record of ...
The delisting comes as liquidators sifting through the books revealed that the developer's debt load now stands at about ...
China Evergrande Group said its Hong Kong stock will be delisted, marking the end of an era for the former high-flying ...
Court-appointed liquidators uncover far bigger liabilities, stalled asset sales, and no rescue in sight for the embattled ...
Shares in failed Chinese real estate giant Evergrande are to delist from the Hong Kong stock exchange some 19 months after being suspended.
China Evergrande Group said its Hong Kong stock will be delisted, according to a filing to the Hong Kong bourse on Tuesday.