Clare Jim
Stories by Clare Jim
China Evergrande Group dissolves some units of online marketplace
Evergrande has more than $300 billion in liabilities.
As Evergrande scrambles to pay debts, its chief’s luxury assets come into focus
Authorities have told Hui Ka Yan to use his personal wealth to help repay bondholders.
Investors await Evergrande’s overdue $148m payment as debt woes swell
China Evergrande New Energy Vehicle Group plans to sell $64 million worth of shares to fund production of new energy cars.
Kaisa, units trading suspended amid China’s property debt crisis
Kaisa is yet another firm that is facing unprecedented liquidity pressure.
China developers propose offshore debt maturity extension, restructuring to regulators
The regulators told developers facing large offshore debt maturity to evaluate their repayment risks and report difficulties.
Evergrande, EV unit shares jump after chairman signals business shift
It has announced plans to prioritise the growth of its EV business over its core real estate operations.
China Evergrande said to have raised funds to pay interest on bonds, may avert default
Still, the developer will need to make payments on a string of other bonds.
China Evergrande shelves plan to sell stake in property services unit
Evergrande is teetering on the brink of collapse with more than $300 billion in debt.
Evergrande CEO said to be in Hong Kong for restructuring, asset sale talks
Yuexiu's board expressed concerns over Evergrande's indebtedness.
Evergrande backer Chinese Estates’ stock soars on take-private offer
Formerly Evergrande's second-biggest shareholder, Chinese Estates has slashed its holding to 4.39% from 6.48%.
