China Evergrande Group, the world's most indebted property developer, is seeking to avert a potentially imminent liquidation ...
Evergrande's shares plunged more than 20% from last Friday's close of 23.6 Hong Kong cents to the all time low of 18.8 Hong Kong early Monday, before recovering slightly to 22.2 Hong Kong cents.
HONG KONG, Oct 31 (Reuters) - China Evergrande (3333.HK) is trying to stave off liquidation by revising its debt restructuring plan, but its biggest challenge will be convincing its creditors, and ...
China Evergrande has been given another chance to restructure its billions of dollars in debt as a court adjourned a hearing to wind up the company. The heavily indebted Chinese property developer ...
Evergrande shares, which trade as a penny stock, pared earlier losses of as much as 23% to close down about 10%. Its dollar bonds have been indicated below 5 cents on the dollar, underscoring how ...
HONG KONG, Nov 1 (Reuters) - China Evergrande (3333.HK) has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30% equity stake in each of ...
MADRID (Reuters) - Grifols shares soared on Thursday after the Spanish drugmaker upgraded its annual profit outlook following a strong quarter. Grifols, which posted a third-quarter net profit of 60 ...
Bank criticised by MPs for being too slow to reward savers as it announces 15% rise in net interest income and $3bn share buyback Higher interest rates helped HSBC to more than double its profits ...
Evergrande shares, which trade as a penny stock, pared earlier losses of as much as 23% to 14% as of 10:35 a.m. in Hong Kong. Liquidation risks rose recently after a shock from Evergrande late in ...
HONG KONG: China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30 per cent equity stake in each of the developer's two ...