Evergrande

Business

Global bubble BURSTS: Evergrande set for collapse causing ‘great reset’ worse than 2008

China Evergrande faces £221billion of debt, and one expert has claimed the company’s collapse could spark the fall of the…

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Business

Evergrande breakthrough as buyer makes huge $582million profit after share surge

Fears of a global financial crisis may well have been temporarily curbed following the China Evergrande Group’s sale of its stake…

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Business

Global financial crash: Evergrande to be removed from stock index as meltdown looms

With the real estate company facing a debt of $305billion (£221billion), Evergrande is set to be removed from the Hang…

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Business

Evergrande default is highly likely, S&P says

The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021.…

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World

Evergrande frees funds with ‘default highly likely’

Live Troubled Chinese property developer Evergrande is selling its entire stake in streaming services firm HengTen for $HK2.13 billion ($376…

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Business

Global crash warning: Evergrande shares collapse – forced to sell stake in company

Evergrande is expecting to raise $273m (£200m) from the sale as it grapples with a total $300bn (£222.12bn) debt. Described…

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Business

Evergrande shares slip after deal to raise $273 million in a business sale

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters The sale…

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Business

Global financial crash fears rise amid possible collapse of Evergrande: ‘Panic in China’

The property giant faces accumulated debt of $305billion (£221billion) following changes to the rules surrounding borrowing foreign money. Such is…

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Business

Global financial crash: China Evergrande heading for ‘bankruptcy in days’

Although some reports claimed Evergrande had managed to avoid defaulting on bond payments on November 10, experts have insisted the…

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Automobile

Evergrande New Energy Vehicle sells e-Traction to UK’s Saietta

LONDON — British electric motor maker Saietta said on Thursday that it is acquiring electric powertrain company e-Traction from China…

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