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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.

China Evergrande

24 Sep 2021

China Evergrande crisis: Real estate firm closer to potential default

Evergrande debt crisis might lead to a potential default. It has entered a 30-day grace period for paying interest.

21 Sep 2021

DNA: Global economy may plunge due to China's real estate market!

Chinese real estate giant Evergrande is facing a tough situation this week, with global stock markets on high alert. Earlier in the week, the company started repaying investors with assets in its wealth management business as it is facing difficulties in raising money to meet its liabilities.

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