EGRNY News and Press, China Evergrande Group ADR

2024-02-09 06:37:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Many U.S.-listed Hong stocks have suffered substantial losses over the previous years as Chinese equities have continuously declined. The trend was exacerbated by last year’s ordered...

2023-03-22 12:01:55 ET China Evergrande ( OTC:EGRNF ) ( OTC:EGRNY ) said Wednesday it has reached binding agreements with an ad hoc committee of holders of its existing U.S. dollar denominated notes that give creditors a range of options in exchanging their existing notes for ne...

China Evergrande Group ( OTC:EGRNF ) ( OTC:EGRNY ), the world's most indebted property developer with some $300B of liabilities, is planning to hold a meeting with its dollar bondholders Friday to provide details on its highly-anticipated restructuring blueprint, Bloomberg reported Th...

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...

An investor in a China Evergrande (OTCPK:EGRNF) (OTCPK:EGRNY) unit said Monday it had filed a winding-up petition against the struggling property developer in Hong Kong because it failed to make good on an agreement to buy back shares of the unit from the investor. Reuters reported, citing an...

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...

China Evergrande (OTCPK:EGRNF) disclosed that banks have "enforced" deposits of ~RMB 13.4B (~$2.1B) as security for third party pledge guarantees at its Evergrande Property Services unit, according to a filing. The company has been struggling with its over $300B of liabilities since late last...

China Evergrande (OTCPK:EGRNF -1.4%) (OTCPK:EGRNY +4.2%) is poised to miss two more dollar bond coupon payments today, as the Chinese property developer has already missed some $82.5M in interest payments on offshore bonds in the past two months. The company has $50.4M of interest due on a 7....

Alibaba has dropped 50% from its 2021 high. But has the stock actually become cheaper? We analyze the primary reason we stayed out and why that is more applicable today. A shorter term bounce may materialize still and we go over a good way to play it. For further details...

In the wake of a widespread China-based real estate crisis that was first ignited by China Evergrande's (OTCPK:EGRNF) (OTCPK:EGRNY) liquidity crunch, property developer Kaisa Group Holdings (OTCPK:KKPFF) fails to make some dollar bond payments, and is talking to creditors about a restructurin...