News

It’s crunch time for China’s heavily-indebted Evergrande Group. The sprawling Chinese real estate conglomerate faced a critical test on Thursday: could it meet its obligations to bondholders ...
Evergrande Group, the world’s most indebted property developer, has posted long-delayed financial results as a key part of its debt restructuring, which is shaping up to be one of the largest in ...
Evergrande Group said it will pay interest due Thursday to bondholders in China, which would help the property developer avoid defaulting on billions of dollars in debt. Concerns that the company ...
International Accounting Bulletin on MSN7d
PwC partner exits amid repercussions from Evergrande audit
In the coming month, at least ten partners are set to leave the firm, adding to the 20 who have quit over the past six months ...
Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a record $1.6 billion. Once a jewel in the developer’s crown, creditors are still trying to ...
SYDNEY, Sept 26 (Reuters) - A major group of offshore creditors of China Evergrande Group is planning to join a court petition to liquidate the cash-strapped developer if it doesn't submit a new ...
HONG KONG — Evergrande Group built a real estate empire on a mountain of debt. Now the Chinese property giant is in trouble — and there are fears it might take the global economy down with it.
SYDNEY, Sept 26 (Reuters) - A major group of offshore creditors of China Evergrande Group is planning to join a court petition to liquidate the cash-strapped developer if it doesn't submit a new ...
Jan. 29 (UPI) --Chinese property giant Evergrande Group was placed into liquidation Monday by a court in Hong Kong after the company repeatedly failed to come up with a viable plan to restructure ...
China's Evergrande Property Services Group said on Friday a Guangzhou city court has ordered its parent China Evergrande and related parties to repay pledge guarantees on deposit certificates ...
China Evergrande Group’s debt struggles are ricocheting to its electric-vehicle affiliate. China Evergrande New Energy Vehicle said late Sunday that Nasdaq-listed NWTN was suspending the ...