Evergrande Liquidation May Send Ripples Through China's Crumbling Financial Markets
The liquidation ruling for the developer, which has $240 billion of assets, will likely jolt already fragile Chinese capital and property markets.
Jan 29, 2024, 09:11 AM IST
China Evergrande Group suspends shares in Hong Kong amidst debt crisis
The property developer's struggle to reduce its 2 trillion yuan ($310 billion) of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis.
Jan 03, 2022, 12:40 PM IST
Explained: What went wrong at Evergrande? Can it be China's Lehman Brothers moment?
China-based Evergrande Group has recently come under the scrutiny of regulators due to the massive debts piling up at the real estate firm.
Sep 22, 2021, 18:35 PM IST
