Hong Kong CNN — China’s Evergrande Group, whose collapse in 2021 sparked China’s worst property market crisis on record, has...
Evergrande
The real estate company's failure to meet its self-imposed deadline comes at a time when China's entire property sector is...
Evergrande said in a filing to the Hong Kong Stock Exchange that its trading halt was pending an "announcement containing...
Fitch Ratings on Thursday declared that the embattled property developer has entered "restricted default," reflecting the company's inability to pay...
Evergrande has defaulted on its debt, according to Fitch Ratings. CNN's Selina Wang reports on how Evergrande has become "the...
The credit ratings agency on Thursday downgraded the company and its subsidiaries to "restricted default," meaning that the firm has...
The property sector accounts for nearly 30% of China's GDP, with the vast majority of household wealth estimated to be...
The property sector accounts for nearly 30% of China's GDP, with the vast majority of household wealth estimated to be...
Evergrande has made an $83.5 million interest payment on a dollar-denominated bond that was due last month, according to Chinese...
State-run financial newspaper Securities Times reported Friday that the embattled property conglomerate had made an $83.5 million interest payment on...