Tag: Evergrande
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Evergrande founder Hui Ka Yan pleads guilty to a set of charges including fraud
The founder of the debt-ridden real estate developer China Evergrande pleaded guilty to a series of charges, including illegal absorption of public deposits, fraud and corporate ... -
Evergrande’s EV company says police have detained one of its top executives
A top executive of China Evergrande’s electric vehicle company has been detained by police in the latest sign of trouble for the world’s most heavily indebted ... -
Court puts off Evergrande’s hearing on its debt restructuring to January
A Hong Kong court postponed until Jan. 29 a court hearing scheduled yesterday on troubled Chinese property developer Evergrande’s winding-up petition. Evergrande is trying to win ... -
Chinese developer risking liquidation if creditors veto its plan for handling huge debts
A Hong Kong court will convene a hearing today on troubled Chinese property developer Evergrande’s plans for restructuring its more than $300 billion in debts and ... -
China can’t clame everything on wayward billionaires
The fall of Hui Ka Yan, the founder of real estate developer China Evergrande Group and once Asia’s richest man with an estimated fortune of $45.3 billion in ... -
Heavily indebted developer proposes restructuring
A Chinese real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets announced a long-awaited plan yesterday to ... -
Evergrande scraps China listing, strikes more investor deals
China Evergrande Group scrapped plans for a backdoor listing and struck deals with more investors to avoid a wave of repayments, capping a four-year saga that ...
