A Chinese firm has demanded that Hui Ka-yan, the founder and former chairman of insolvent developer China Evergrande Group, sell a Hong Kong flat to partially pay off a defaulted …
Indebted Chinese developer Kaisa Group Holdings was granted another reprieve after a Hong Kong court on Monday adjourned a hearing, allowing the company more time to restructure its debts. The …
Yuen and Lee have long been active luxury property investors. Most notably, they sold a 9,890 sq ft luxury house at 22 Barker Road on The Peak for HK$1.5 billion …
A mansion at one of Hong Kong’s most exclusive neighbourhoods found its buyer after a fire sale and 15 months on the auction block, offering a minor victory for China …
It had 64.4 billion yuan (US$8.9 billion) of liabilities in total as of the end of 2023, according to its annual report. The liquidation order, which was issued by Justice …
China Evergrande New Energy Vehicle Group (Evergrande NEV), the electric-vehicle (EV) manufacturing unit of insolvent property developer China Evergrande Group, surged in Hong Kong after the liquidator of its parent …
The electric vehicle (EV) unit of embattled real estate developer China Evergrande Group said liquidators are in talks with a potential buyer who may also extend a new line of …
China could face a third wave of corporate bond defaults at home and abroad this year, as high financing costs, slow economic growth and tight government policies heap pressure on …
Reporters of the South China Morning Post won gold in two award categories at the Hang Seng University’s 8th Business Journalism Awards. The Post’s veteran journalist Enoch Yiu won gold …
Country Garden is pushing back some onshore bond payments to later dates despite a round of extensions last year, according to people familiar with the matter, underscoring the financial stress …