China Evergrande says contracted sales dropped 38.7% in 2021

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande’s contracted sales plunged last year…

Property Stocks Sink After Demolition Order: Evergrande Update

(Bloomberg) — Chinese developer shares dropped following local media reports that China Evergrande Group has been ordered to tear down apartment blocks in a development in Hainan province. Evergrande halted…

Evergrande slides into default while some ratings agencies keep quiet

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande defaulted this week with hardly…

Evergrande set for restructuring, with no word on first formal default

A housing complex by Chinese property developer Evergrande in Beijing. Noel Celis | AFP | Getty Images Evergrande is set to forge ahead into a debt restructuring that would include…

Hong Kong’s Hang Seng to drop Evergrande from China Enterprise index

A housing complex by Chinese property developer Evergrande in Beijing. The indebted Evergrande has remitted the funds for a key interest payment that was due Sept. 23 — ahead of…

China Evergrande default is highly likely, S&P says

The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. Tyrone Siu | Reuters BEIJING — Highly indebted property developer…

Evergrande shares slip after striking a deal to raise $273 million

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters The sale of HengTen is Evergrande’s latest effort to raise capital. The…

China property market may see more pain, though Evergrande crisis may ease

People look at models of houses at the 2021 Dalian autumn real estate fair at Dalian World Expo Center on October 15, 2021 in Dalian, Liaoning Province of China. Liu…

China Evergrande Ends Talks on Hopson Deal, Asks to Resume Trading

(Bloomberg) — China Evergrande Group scrapped talks to offload a stake in its property-management arm and said real estate sales plunged about 97% during peak home-buying season, worsening its liquidity…

China Evergrande shares drop after Hopson asset deal falls through

China Evergrande Group started returning a small portion of the money owed to buyers of its investment products, weeks after people protested against missed payments at its Shenzhen headquarters, pictured…