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evergrande’s

Evergrande’s bond holders could wait years for little payout – ratings agency

January 31, 2024January 31, 2024
Evergrande's bond holders could wait years for little payout - ratings agency - photo licensed by shore news network.

By Scott Murdoch SYDNEY (Reuters) – China Evergrande’s offshore dollar bondholders stand to receive a potentially tiny payout in a complicated process that could take …

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China Evergrande’s EV share sale deal lapses

January 1, 2024
China evergrande's ev share sale deal lapses - photo licensed by shore news network.

By Summer Zhen HONG KONG (Reuters) – A share sale plan between China Evergrande New Energy Vehicle Group, the electric vehicle arm of property developer …

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China Evergrande’s winding-up hearing adjourned to Oct. 30 – Hong Kong court

July 28, 2023
China evergrande's winding-up hearing adjourned to oct. 30 - hong kong court - photo licensed by shore news network.

HONG KONG (Reuters) – The hearing for a winding-up petition against China Evergrande Group has been adjourned to Oct. 30 from July 31, a Hong …

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Evergrande’s liabilities, depleted coffers raise business viability concerns

July 18, 2023July 18, 2023
Evergrande's liabilities, depleted coffers raise business viability concerns - photo licensed by shore news network.

By Clare Jim HONG KONG (Reuters) – China Evergrande Group’s huge liabilities and diminishing cash disclosed in its long-overdue reports for the past two years …

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Evergrande’s long-delayed 2021, 2022 results show significant losses

July 17, 2023
Evergrande's long-delayed 2021, 2022 results show significant losses - photo licensed by shore news network.

HONG KONG (Reuters) – Embattled property developer China Evergrande Group on Monday published its long delayed results for fiscal 2021 and 2022, posting significant losses …

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Shareholders of Evergrande’s EV unit agree on restructuring deal

May 13, 2023
Shareholders of evergrande's ev unit agree on restructuring deal - photo licensed by shore news network.

By Xie Yu HONG KONG (Reuters) – Shareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose of two subsidiaries in a …

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Evergrande’s $1.2 billion onshore bondholders to vote on offshore restructuring plan on Wed

April 24, 2023
Evergrande's $1. 2 billion onshore bondholders to vote on offshore restructuring plan on wed - photo licensed by shore news network.

HONG KONG (Reuters) – China Evergrande Group’s onshore flagship unit Hengda Real Estate said the holders of an onshore bond worth 8.2 billion yuan ($1.19 …

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China Evergrande’s stake in services unit drops to 51.7% on forced selling – filing

December 19, 2022December 19, 2022
China evergrande's stake in services unit drops to 51. 7% on forced selling - filing - photo licensed by shore news network.

HONG KONG (Reuters) – China Evergrande Group’s shareholding in its property services unit has fallen to 51.71% from 58.18% after forced selling of pledged shares …

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Dozens weigh bids for Evergrande’s Hong Kong headquarters

October 21, 2022
Dozens weigh bids for evergrande's hong kong headquarters - photo licensed by shore news network.

By Clare Jim HONG KONG (Reuters) – The seized Hong Kong headquarters of embattled China Evergrande Group has drawn interest from dozens of prospective buyers …

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Tender to sell Evergrande’s Hong Kong headquarters to close on Oct 31

September 25, 2022September 25, 2022
Tender to sell evergrande's hong kong headquarters to close on oct 31 - photo licensed by shore news network.

HONG KONG (Reuters) – A tender sale of China Evergrande Group’s headquarters in Hong Kong will close on Oct. 31, real estate services firm Savills …

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China Evergrande’s unit starts mass production of first EV model

September 16, 2022September 16, 2022
China evergrande's unit starts mass production of first ev model - photo licensed by shore news network.

SHANGHAI (Reuters) -China Evergrande Group said its electric vehicle (EV)unit started mass production on Friday of the Hengchi 5 model at a plant in the …

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China state firms takeover Evergrande’s $1.1 billion holding in Shengjing Bank

September 7, 2022
China state firms takeover evergrande's $1. 1 billion holding in shengjing bank - photo licensed by shore news network.

HONG KONG (Reuters) – State-owned companies of the Chinese northestern city of Shenyang bought China Evergrande Group’s shareholding in Shengjing Bank in an auction for …

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Evergrande’s debt revamp to provide roadmap on tackling China property crisis

July 25, 2022
Evergrande's debt revamp to provide roadmap on tackling china property crisis - photo licensed by shore news network.

By Clare Jim HONG KONG – China Evergrande Group, the world’s most indebted developer, is expected to announce this week a debt restructuring plan that …

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Evergrande’s EV unit says it receives pre-orders for more than 37,000 Hengchi EVs

July 20, 2022
Evergrande's ev unit says it receives pre-orders for more than 37,000 hengchi evs - photo licensed by shore news network.

SHANGHAI – China Evergrande New Energy Vehicle Group Ltd said on Wednesday it had received non-binding pre-orders for more than 37,000 units of its first …

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