A Hong Kong judge could set in motion the liquidation of the property developer, which was once considered one of China’s most successful companies.
The Chinese mega real estate group Evergrande shares tumbled 11,6% on Friday in the Hong Kong stock exchange, following on Thursday's nonpayment of US$ 84 million in interests on maturing offshore ...
HONG KONG--Shares of China Evergrande Group tumbled on Thursday, as investors in the debt-laden developer were sceptical of the company’s thinly detailed plan to have a preliminary restructuring ...
A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande's plans for restructuring ...
Stocks tied to China Evergrande Group fell after the embattled developer was officially labeled a defaulter for the first time. The company and Kaisa Group Holdings were downgraded on Thursday to ...
Shares in Evergrande have plunged 80 percent so far this year, ... Shares of Hopson, which has a market value of HK$60.4 billion ($7.8 billion), have jumped 40 percent so far this year. Related News ...
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some ...
Sunac says its bonds were exchanged for a combination of convertible bonds, dollar-denominated notes, mandatory convertible bonds and shares in its subsidiary The company's shares jumped as much as 27 ...
Mack Wilowski is a staff writer for Investopedia, focusing on breaking news stories, earnings previews, and company-specific insights and analysis. Previously, he was an associate editor for ...
Being a fintech company has been tough in the last couple of years. Amid rising interest rates, deteriorating investor sentiment toward the tech sector, and fears of a recession continuing to ...
Target on Wednesday forecast holiday-quarter profit largely above Wall Street expectations as the big-box retailer benefits from easing supply chain costs and its efforts to control inventory ...
LONDON (Reuters) - Marks & Spencer (M&S) expects full-year profit to leap more than 30% after an overhaul of its food, fashion and supply chain helped the British retailer smash first-half ...
