China Evergrande Group , the world's most indebted property developer, is seeking to avert a potentially imminent liquidation ...
The Chinese mega real estate group Evergrande shares tumbled 11,6% on Friday in the Hong Kong stock exchange, following on Thursday's nonpayment of US$ 84 million in interests on maturing offshore ...
China Evergrande Group, the world's most indebted property developer, is seeking to avert a potentially imminent liquidation ...
HONG KONG: Shares of China Evergrande jumped as much as 42% in volatile trade on Tuesday, days after the embattled developer said its billionaire founder was being investigated over unspecified ...
HONG KONG--Shares of China Evergrande Group tumbled on Thursday, as investors in the debt-laden developer were sceptical of the company’s thinly detailed plan to have a preliminary restructuring ...
HONG KONG, Oct 31 (Reuters) - China Evergrande (3333.HK) is trying to stave off liquidation by revising its debt restructuring plan, but its biggest challenge will be convincing its creditors, and ...
Evergrande shares, which trade as a penny stock, pared earlier losses of as much as 23% to close down about 10%. Its dollar bonds have been indicated below 5 cents on the dollar, underscoring how ...
HONG KONG: China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30 per cent equity stake in each of the developer's two ...
Being a fintech company has been tough in the last couple of years. Amid rising interest rates, deteriorating investor sentiment toward the tech sector, and fears of a recession continuing to ...
Sunac says its bonds were exchanged for a combination of convertible bonds, dollar-denominated notes, mandatory convertible bonds and shares in its subsidiary The company's shares jumped as much as 27 ...
Mack Wilowski is a staff writer for Investopedia, focusing on breaking news stories, earnings previews, and company-specific insights and analysis. Previously, he was an associate editor for ...
MADRID (Reuters) - Grifols shares soared on Thursday after the Spanish drugmaker upgraded its annual profit outlook following a strong quarter. Grifols, which posted a third-quarter net profit of 60 ...
