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Evergrande seeks to reassure retail investors

China Evergrande Group will make it a top priority to help retail investors redeem their investment products sold by the indebted property giant, its chairman said, as uncertainty looms over interest payment due for a dollar bond.
Business • 23 Sep 21

Evergrande to make bond payment, soothing fears

China Evergrande Group's main unit said today it would make an interest payment on its domestic bonds on September 23.
Business • 22 Sep 21

Evergrande fears grip markets as Beijing stands back

The risks of China Evergrande Group defaulting on its mountain of debt loomed large over nervous markets todayy, as investors looked for signs of intervention by Beijing to stem any potential domino effect across the global economy.
Business • 21 Sep 21

Investors brace for a great fall in China

International investors that have been piling into China in recent years are now bracing for one of its great falls as the troubles of over-indebted property giant China Evergrande come to a head.
Business • 17 Sep 21

China Evergrande's liquidity crisis deepens

China's major banks have been notified by the housing authority that the Evergrande Group will not be able to pay loan interest due September 20, Bloomberg reported, underlining the broadening impact of the property developer's liquidity crisis.
Business • 15 Sep 21

Evergrande - China's fragile housing giant

Chinese housing giant Evergrande is one of the country's largest private conglomerates and world's most indebted property developer, teetering on the brink of bankruptcy after years of rapid growth and a buying spree.
Business • 14 Sep 21

Evergrande warns of growing default risks

Cash-strapped property group China Evergrande Group said it has engaged advisers to examine its financial options and warned of default risks amid plunging property sales, sending its stock and bond prices lower.
Business • 14 Sep 21

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