Evergrande

HONG KONG (Reuters) - An investor has applied to a Chinese court to liquidate a key unit of a debt-laden property developer in China. Evergrande (Hong Kong): According to a securities filing made by the petitioner on Wednesday. The…

PricewaterhouseCoopers has seen a major loss of major clients in China after pressure from Beijing, which has urged state-owned companies to cut ties over the firm's involvement with troubled property developer Evergrande. Over the…

Wenjin Ling/E+ via Getty Images China Evergrande's (OTCPK:EGRNF) liquidator is in talks with a third-party buyer to sell a stake in the troubled property developer's electric vehicle unit. This news led to a rise in Hong…

© Reuters. FILE PHOTO: The logo of accounting firm PricewaterhouseCoopers (PwC) is seen on the top of a Brussels' office of the company, in Diegem, Belgium September 21, 2023. REUTERS/Yves Herman/File Photo HONG KONG (Reuters) -…

It’s been a spectacular fall from grace for China Evergrande Group, the property giant at the heart of China’s real estate crisis. The developer grew so large that it even owned a football club in the Chinese Super League—but accumulated…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Hong Kong court has ordered China Evergrande to be wound up, opening a new and unpredictable phase in the collapse…

China Evergrande Group helped trigger China’s real estate crisis just over two years ago. The developer, with more than $300 billion in total liabilities, became the poster-child for debt problems in China’s property sector. Now,…

© Reuters. FILE PHOTO: A woman rides a scooter past residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. REUTERS/Florence Lo/File Photo (Reuters) - A Hong Kong court ordered the liquidation…

Breadcrumb Trail LinksPMN BusinessTwo years after its default marked a key moment in China’s property crisis, the world’s most indebted developer may be heading for another bleak milestone: liquidation.Author of the article:Published Dec…

© Reuters. FILE PHOTO: A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton/File Photo HONG KONG (Reuters)…