Over 30 Chinese firms cut ties with PwC amid Beijing’s pressure over Evergrande scandal
PwC has seen a significant loss of major clients in China following pressure from Beijing, urging state-owned companies to sever…
Evergrande aims to recover US$6 billion from founder Hui, former top execs
China Evergrande Group said on Monday (Aug 5) that its liquidators were seeking to recover about US$6 billion from seven…
Western hedge funds that saw a killing in billions of Evergrande bonds stunned when government handed out 99% haircut instead, sources say
From afar, China Evergrande Group had all the makings of a killer distressed-debt trade: $19 billion in defaulted offshore bonds; $242 billion in assets;…
Hui Ka Yan: the Evergrande tycoon faces his downfall
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Evergrande’s homepage…
Evergrande EV unit suspends talks with Dubai’s NWTN on redrafting deal
China Evergrande New Energy Vehicle (NEV) said on Friday it has suspended negotiations on amendments to the terms of a…
Japan unemployment, Evergrande liquidation reaction
People walk under cherry blossoms in Tokyo on March 31, 2023. Yuichi Yamazaki | Afp | Getty ImagesAsia-Pacific markets rose across…
Developer China Evergrande ordered to liquidate. What will the impact be? – National
A Hong Kong court on Monday ordered China Evergrande, the world’s most indebted developer, to be liquidated. The move could…
China Evergrande is ordered to liquidate, with over $300 billion in debt. Here’s what that means.
A court in Hong Kong on Monday ordered China Evergrande to be liquidated in a decision that marks a milestone…
China Evergrande is ordered to liquidate, with over $300 billion in debt. Here’s what that means.
A court in Hong Kong on Monday ordered China Evergrande to be liquidated in a decision that marks a milestone…
China Evergrande liquidation ordered by court amid growing debt crisis
A Hong Kong court has ordered the liquidation of China Evergrande, the real estate firm with more than $300bn (£236.1bn)…