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Evergrande the world's most indebted property developer, defaulted on its offshore debt in late 2021 and was ordered by the Hong Kong High Court to liquidate in January

China Evergrande founder punished for securities fraud

China Evergrande Group founder Hui Ka Yan will be barred from the securities market for life and fined 47 million yuan ($6.53m) after the regulator accused the group's flagship unit of inflating results, securities fraud and failing to make timely disclosures.

Business • 19 Mar 24

Its debt crisis has engulfed other Chinese developers and roiled global financial markets over the past year

Debt-laden China Evergrande to hold call with investors

China Evergrande and its financial advisers will hold a call with investors today sources said, the first such call since it defaulted on some dollar bond payments last month.

Business • 26 Jan 22

So far, any Evergrande fallout has been broadly contained

China Evergrande shares hit new low amid debt crisis

China Evergrande Group's shares hit a record low today after a missed debt payment deadline put the developer at risk of becoming the country's biggest defaulter, even as hopes of a managed debt restructuring calmed fears of a messy collapse.

Business • 08 Dec 21

A liquidity crunch at one of China's biggest property developers China Evergrande has thrown a spotlight on the property industry

Chinese developer Kaisa halts trading on property woes

Chinese developer Kaisa Group suspended trading in its Hong Kong-listed shares today as a report said it was offloading assets to help pay debts of more than $10 billion, in a crisis that comes as the country's property sector is under intense pressure.

Business • 05 Nov 21

Evergrande has already missed payments on dollar bonds, worth a combined $131m, that were due last month

New Evergrande deadline passes

Chinese property firms' bonds were hit with another wrecking ball on Monday as Evergrande looked set to miss its third round of bond payments in as many weeks and rivals Modern Land and Sinic became the latest scrambling to delay deadlines.

Business • 11 Oct 21

Reports say that China Evergrande will sell a half-stake in its property management unit to Hopson Development for over $5 billion

Evergrande to raise $5 billion from property unit sale

Distressed developer China Evergrande will sell a half-stake in its property management unit to Hopson Development for more than $5 billion, Chinese media said today, after both Evergrande and Hopson requested trading halts ahead of a major transaction.

Business • 04 Oct 21

Cryptocurrency prices have bounced off one and a half month lows today

Bitcoin tries recovery as Evergrande-led selloff eases

Cryptocurrency prices bounced off one and a half month lows today as a heavy selloff overnight linked to concerns about a possible loan default by property developer China Evergrande eased slightly.

Business • 21 Sep 21

China Evergrande