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EGRNF / China Evergrande to sell stake in Crystal City Project for $575 million

China Evergrande to sell stake in Crystal City Project for $575 million
(Reuters) -China Evergrande will sell its interest in Crystal City Project for 3.66 billion yuan ($575.45 million), according to a Hong Kong Stock Exchange filing on Wednesday, as the group's liquidity issues dampen the progress of its projects. Read More
Posted: Mar 29 2022, 20:31
Author Name: Reuters
Views: 103166

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Evergrande Winding-Up Hearing Adjourned to Dec. 4

By WSJ
October 30, 2023

Evergrande Winding-Up Hearing Adjourned to Dec. 4

China Evergrande has been given another chance to restructure its billions of dollars in debt as a court adjourned a hearing to wind up the company. more_horizontal

China Evergrande Winding-up Hearing Adjourned by Hong Kong Court

By Bloomberg Markets and Finance
October 30, 2023

China Evergrande Winding-up Hearing Adjourned by Hong Kong Court

A Hong Kong court has adjourned a winding-up hearing of troubled property developer China Evergrande Group. Kevin Kingsbury reports on Bloomberg Telev more_horizontal

Evergrande shares fall 20% to all-time low as court adjourns winding-up hearing

By CNBC
October 30, 2023

Evergrande shares fall 20% to all-time low as court adjourns winding-up hearing

Evergrande shares hit an all time low of 18.8 Hong Kong cents as a judge warned that it could be wound up if the firm does not present a restructuring more_horizontal

China Evergrande Heads Into Hong Kong Court Hearing

By Bloomberg Markets and Finance
October 29, 2023

China Evergrande Heads Into Hong Kong Court Hearing

Troubled property developer China Evergrande Group faces a make-or-break moment Monday. The builder must present “concrete” progress on restruc more_horizontal

China Evergrande faces winding-up challenge in Hong Kong court

By Reuters
October 29, 2023

China Evergrande faces winding-up challenge in Hong Kong court

China Evergrande Group's fate will be tested on Monday as Hong Kong's High Court hears a winding-up petition against the embattled property developer, more_horizontal

How Evergrande's Chief Tried to Turn Things Around---and Failed

By WSJ
October 15, 2023

How Evergrande's Chief Tried to Turn Things Around---and Failed

Hui Ka Yan, once one of the world's richest men, led China Evergrande through its rise and fall. His failures in the aftermath made the property devel more_horizontal

Chinese officials urge calm after Evergrande fears reportedly spark small bank run

By CNN Business
October 12, 2023

Chinese officials urge calm after Evergrande fears reportedly spark small bank run

Fears that Evergrande's debt woes are spreading into the wider financial industry have sparked a run on a regional bank in northern China, multiple st more_horizontal

China Evergrande Creditors Call Pulled Debt Plan a ‘Surprise'

By Bloomberg Markets and Finance
October 9, 2023

China Evergrande Creditors Call Pulled Debt Plan a ‘Surprise'

A group of offshore creditors of China Evergrande Group were “left in the dark” after the defaulted developer scrapped a meeting for its multib more_horizontal


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