A Hong Kong court on Monday (Jan 29) issued an order for the liquidation of debt-ridden…
Tag: Evergrande
China’s Evergrande files for bankruptcy in New York amidst ongoing crisis
China’s Evergrande Group has officially filed for bankruptcy in New York on Thursday. The company which was…
Evergrande, China’s troubled property giant, reports $96 billion loss
Evergrande, the property giant in China, on Monday (July 17) reported that it suffered a loss…
Chinese homeowners forced to live in unfinished, dilapidated apartments as real estate crisis deepens
China’s real estate sector has been undergoing a harrowing crisis. The fall of real estate major…
China’s economic growth drops to 0.4 per cent amid draconian lockdown measures and severe heatwave
Amid burgeoning Covid cases in the country and a sweltering heat wave that has brought major…
Chairman of China’s biggest insurer being probed by Communist Party’s anti-corruption commission
Wang Bin, who is the chairman of China’s biggest insurer is being probed by Communist Party’s…
Embattled Chinese firm, Evergrande, suspends share trading again
Embattled Chinese firm Evergrande recently announced that it has been suspended from trading its shares in…
