Evergrande

The China Evergrande Centre building sign is seen in Hong Kong, China, September 23, 2021. REUTERS/Tyrone SiuRegister now for FREE unlimited access to reuters.comRegisterHONG KONG, Dec 6 (Reuters) - Shares of China Evergrande Group…

A man walks past a wall carrying the logo of Shimao Group, with residential buildings and the financial district of Pudong seen in the background, in Shanghai, China January 1, 2013. Picture taken January 1, 2013. REUTERS/Stringer…

The credit ratings agency on Thursday downgraded the company and its subsidiaries to "restricted default," meaning that the firm has failed to meet its financial obligations. Fitch said the downgrade reflects the company's inability to…

The crisis engulfing the Chinese property sector appears certain to intensify in 2022 as companies face debt repayments in the new year that are double those of the final months of 2021, risking what one China expert calls a systemic…

HONG KONG — For months, as a troubled property company called China Evergrande spooked global markets with its financial problems, Beijing sat on the sidelines.Now, the government is taking a more hands-on role.Evergrande, the world’s…

Evergrande says no guarantee it can make $82.5 mln debt paymentsSays creditors have also demanded $260 mln repaymentAuthorities summon chairman; shares drop 20% to all-time lowDisorderly collapse could ripple through property sectorHONG…