A bankruptcy filing against a Guangzhou-based unit of collapsed developer China Evergrande has been accepted by a mainland China court, according to a filing with the Hong Kong stock exchange. …
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 …
The debt crisis at Redsun Properties Group is going from bad to worse as it has missed payments on several offshore bonds since mid-2022 as China’s housing market struggles to …
China Evergrande Group’s overseas creditors are likely to remain on tenterhooks, as the crucial question that follows its liquidation order in Hong Kong is whether the liquidators will be able …
China Evergrande Group will be liquidated, after a Hong Kong High Court approved a petition by creditors to wind up the world’s most indebted property developer, making history as the …
China Evergrande Group stood by audited annual reports from 2021, rejecting claims by financial analysts that changes to its accounting methodology suggested the debt-laden property developer was “never profitable” in …
China Evergrande Group, the most indebted property developer in China with US$328 billion of liabilities, was granted another reprieve after a Hong Kong court on Monday adjourned a hearing, granting …
An ad hoc group of creditors of China Evergrande’s offshore unit has said it supports the management’s efforts to keep the embattled Chinese developer operational, ahead of a key court …
China Evergrande: Hong Kong court adjourns winding-up hearing by 5 weeks, signals last reprieve for developer to sort out its debt A Hong Kong court has adjourned a winding-up hearing …