Search For "china evergrande group"
EV unit of China's Evergrande Group struggles with bankruptcy
Updated : 1 year, 7 months ago IST
The China Evergrande New Energy Vehicle Group (CENEVG), an electric vehicle production of Chinese Evergrande Group revealed that previously they had initiated talks with potential buyers, however, are now struggling with bankruptcy proceedings, Nikkei Asia reported.
Read More
Evergrande Group's shares plummet over 80pc in Hong Kong
Updated : 2 years, 6 months ago IST
World's most indebted real state developer, Evergrande Group's shares plummeted 87 per cent on Monday after the lifting of a 17-month trading suspension.
Read More
China attempts to hide bleak data as Xi’s reputation plummets
Updated : 2 years, 6 months ago IST
Authoritarian regimes must carefully control information, and China is extremely good at this. Yet, to ward off criticisms at home and abroad, Beijing has taken more severe steps to reduce the flow of data harmful to the CCP
Read More
China's real estate magnate Hui Ka Yan loses 93 per cent of his wealth
Updated : 3 years, 1 month ago IST
Once the second-richest person in Asia, the China Evergrande Group chairman's fortune is considerably diminished, moreover, Hui is also finding himself increasingly isolated politically, with the latest signal coming from the Chinese People's Political Consultative Conference.
Read More
India to benefit from investment headwinds in China: SBI Research
Updated : 3 years, 6 months ago IST
New Delhi [India], August 30 (ANI): India is likely to benefit from a slowdown in investment intentions in China, said SBI Research in its latest report 'Ecowrap', adding that it believes the China story may now be facing clear headwinds.
Read More
China Evergrande falls short of promised restructuring plan: Report
Updated : 3 years, 7 months ago IST
Beijing [China], July 31 (ANI): China Evergrande Group, one of the largest property developers in the country by sales has said that it will unveil the restructuring plan within 2022, amid the constantly drowning economy due to the COVID-19 pandemic.
Read More
China's property giant Evergrande starts repayment plan as pressure mounts
Updated : 4 years, 5 months ago IST
Beijing [China], September 20 (ANI): Amid the increasing pressure over unpaid loans, China's property giant Evergrande Group's has started a repayment plan for its wealth management products through properties.
Read More