China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history.
The founder of China's Evergrande Group, Hui Ka Yan, has pleaded guilty to eight charges including fundraising fraud, misuse ...
Re-defaults erode credit differentiation as homebuyer confidence weakens under slow income growth and high leverage, analysts warn China's bond market is facing rising re-defaults, driven by continued ...
HONG KONG, April 27 (Reuters) - China Evergrande Group (3333.HK), opens new tab will get a signal on Thursday of the level of creditor backing for its offshore debt restructuring proposal, with ...
Liquidators for China Evergrande Group are seeking 57 billion yuan in damages from PricewaterhouseCoopers, accusing the auditing firm of negligence in its audit work related to the failed Chinese ...
HONG KONG - China Evergrande Group has supplied funds to pay interest on a dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline that would have seen ...
Hui Ka Yan, the founder of China's Evergrande Group Hui Ka Yan, the founder of embattled Chinese property developer Evergrande, has pleaded guilty to a number of charges including embezzlement of ...
Debt pressures extend far beyond Evergrande. Chinese property developers have $555.88 million worth of high-yield dollar bond ...
China Evergrande Group's delisting marks a bleak milestone for the nation's property sector, now in a fourth year of ...
SHANGHAI (Reuters) - S&P Global has downgraded the ratings of heavily indebted developer China Evergrande Group and its subsidiaries, citing an escalating risk of non-payment of debt, its second ...
Once China's biggest real estate firm, Evergrande was worth more than $50 billion at its peak and helped propel the country's rapid economic growth in recent decades ...