Evergrande
China’s private data on home sales vanishes after Vanke turmoil
Global banks remain pessimistic on China’s property market, which has faced renewed sales weakness since the second quarter
Why China can’t sort out its property market mess
Since mid-2024, the government has cut borrowing costs on existing mortgages, relaxed buying curbs in big cities and lowered taxes on home purchases
Evergrande’s iconic Canadian hotel to be sold after default
The 95-year-old property will remain open during the sale process
China Evergrande liquidators appointed as receivers over founder's assets
This is the liquidators’ latest effort to recover US$6 billion in dividends and remuneration paid to Hui and other former executives
Evergrande liquidators ask court to name receiver for founder Hui Ka Yan assets
The property developer has become an emblem of China’s property crisis since it defaulted in 2021
From US$50 billion to bust, investors count cost of Evergrande’s market tryst
The company’s journey from stock exchange darling to a pariah in the financial markets is a cautionary tale of unbridled debt-fuelled expansion in the world’s second-largest economy
Evergrande liquidators target founder’s assets in pivotal stage
The property developer will be removed from the Hong Kong stock exchange on Aug 25, a year and a half after the shares were suspended and almost 16 years after it was listed
Evergrande to delist in milestone for China housing crisis
Several other Chinese developers face similar delisting risks, according to the latest tally by the bourse
China Evergrande liquidators say US$255 million of assets sold
They received creditor claims totalling US$45 billion
As Evergrande faces delisting, China property debt revamp drags on
The delisting of the company adds to mounting gloom in the property sector, as peers rush to restructure debt and stave off liquidation through creditor backing