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Evergrande Group News

Evergrande Group

29 Jan 2024

Evergrande Liquidation May Send Ripples Through China's Crumbling Fin Mkt

The liquidation ruling for the developer, which has $240 billion of assets, will likely jolt already fragile Chinese capital and property markets.

Evergrande Group

03 Jan 2022

China Evergrande Group suspends shares in Hong Kong amidst debt crisis

The property developer's struggle to reduce its 2 trillion yuan ($310 billion) of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis.

Evergrande Crisis

22 Sep 2021

Explained: What went wrong at Evergrande? Can it be China's Lehman Brothers?

Shares of the company dipped 10% on Monday, followed by another 7% drop on Tuesday. Overall, the shares of the group have decreased over 80% this year itself. Indian stock indices currently appear to be immune to the Evergrande crisis.

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