EGRNF News and Press, China Evergrande Group From 01/03/23

China Evergrande Group ( OTC:EGRNF ) ( OTC:EGRNY ) Chairman told the property developer's employees that focusing on delivering homes it has pre-sold will help to solve its debt crisis. "As long as Evergrande ( OTC:EGRNF ) employees can keep construction going, resume sales, and r...

The woes China Evergrande ( OTCPK:EGRNF ) ( OTCPK:EGRNY ), the Chinese property developer struggling with over $300B of debt, has spread across the country's economy as the company's suppliers now deal with the aftermath. Companies in industries such as steel, paint and in...

The Hong Kong-based headquarters of China Evergrange ( OTCPK:EGRNF ) ( OTCPK:EGRNY ) have been snatched by an unidentified lender after the debt-laden property developer defaulted on a loan and failed to liquidate the building two separate times, four people familiar with the ...

China Evergrande's ( OTCPK:EGRNF ) ( OTCPK:EGRNY ) stake in Shengjing Bank was auctioned off to a group of seven companies, including companies owned by the Chinese city of Shenyang, for 7.3B yuan ($1.05B), according to reports citing Taobao, an online auction platform ope...

China Evergrande ( OTCPK:EGRNF ) ( OTCPK:EGRNY ), the Chinese property developer laden with over $300B in liabilities said its Nanchang subsidiary was ordered to pay over $1B in an arbitration ruling. The arbitration was started by a company that provided a guarantee f...

Trouble is brewing in China's property market, which is coming off a major debt-fueled building boom. A liquidity crisis that was headlined last year by the default of China Evergrande ( OTCPK:EGRNF ) has only gotten worse, with the country's largest real-estate developer failing ...

CK Asset, a firm founded by billionaire Li Ka-shing, has confirmed that it put in a bid to buy China Evergrande's ( OTCPK:EGRNF ) ( OTCPK:EGRNY ) Hong Kong headquarters, Reuters reported Thursday. Struggling with more than $300B in liabilities, China Evergrande ( OTC...

China Evergrande ( OTCPK:EGRNF ) ( OTCPK:EGRNY ), one of the largest property developers in the world's second-largest economy, is expected to announce this week a plan to restructure its more than $20B of offshore debt, Reuters reported Monday. The company, which has mo...

China Evergrande Group's ( OTCPK:EGRNF ) ( OTCPK:EGRNY ) CEO and chief financial officer have resigned from the debt-laden property developer after preliminary results of an investigation found the two were involved in diverting loans meant for its Hong Kong-listed Everg...

China Evergrande ( OTCPK:EGRNF ) ( OTCPK:EGRNY ), a debt-laden property developer, wants to release some details of a preliminary restructuring plan later this month, while creditors are urging the company to wait until they can agree on some terms, the Wall Street Journal ...