EGRNF News and Press, China Evergrande Group From 07/20/22

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 ...

China Evergrande New Energy Vehicle Group ( OTC:EVGRF ) has received more than 37K non-binding pre-orders for its new Hengchi 5 model, according to the company. The company’s president Liu Yongzhuo said at an online event that the order thus far, just two weeks af...

China Evergrande Group ( OTCPK:EVGRF ) is set to begin accepting orders for its Hengchi 5 SUV model this week, per a new regulatory filing. Preorders for the vehicle are due to open on Wednesday, with pricing expected to be far below similar offerings from domestic compe...

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China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY) is mulling over a plan to repay ~$19B of its offshore public bonds with cash installments and equity in two of its Hong Kong-listed units, Reuters reported Friday, citing two sources. The Chinese real estate developer has been struggling with cash ...

Sunac China Holdings (OTC:SCCCF) (OTCPK:SNCHY), a Chinese real estate developer, said Thursday it hasn't made interest payments of $29.5M on October 2023 notes by the time the 30-day grace period expired. The coupon payment was originally due April 11. The company also hasn't paid $75.3M...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It goes without saying that Chinese stocks may be the hardest hit due to the government’s strict Covid-19 policy Alibaba ( BABA ): The Chinese flagship company’s efforts to help Shanghai are meeting c...

The Shanghai Composite Index plunged 5.1% to 2,928, the biggest one-day drop since February 2020, during the Wuhan crisis. Investors were already worried about slowing consumer demand in China amid the resurgence of Covid and the resurgence of the lockdowns. Construction has been ...

In a broader effort to support the struggling property market, the People's Bank of China last week had allowed lenders to loosen standards on some loans for distressed developers like China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY), Sunac (OTC:SCCCF) (OTCPK:SNCHY) and Shimao (OTCPK:SIOPF) (OTCP...

Highly indebted Chinese property developer stocks like Sunac China (OTC:SCCCF) (OTCPK:SNCHY), China Aoyuan (OTCPK:CAOYF), Shimao (OTCPK:SIOPF) (OTCPK:SHMAY) and Kaisa Prosperity (OTCPK:KKPFF) have been suspended from trading after failing to meet an earnings reporting deadline at the end...