Evergrande's Hong Kong-traded shares plunged nearly 21% early Monday before they were suspended from trading. But Hong Kong's benchmark Hang Seng index was up 0.9% and some property developers saw ...

HONG KONG — A Hong Kong court ordered China Evergrande, the world's most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed ...

Hong Kong's court order for Evergrande's liquidation comes at a tricky time for Beijing, as China's economy faces significant headwinds from a property crisis, deflationary pressure, and a ...

China Evergrande shares crashed on the news, losing more than one-fifth of their value on the Hong Kong Stock Exchange before trading was suspended at the direction of the exchange less than an ...

Other assets of Evergrande in Hong Kong have all been seized or sold, after the world's most indebted property developer defaulted on its debt in late 2021. ($1 = 7.8282 Hong Kong dollars) ...

Evergrande gained a reprieve from the Hong Kong court in December after it said it was attempting to “refine” a new debt restructuring plan of more than $300 billion in liabilities.

HONG KONG (Reuters) - China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the ...

HONG KONG — A Hong Kong court ordered China Evergrande, the world's most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed ...

Jan. 29 (UPI) -- Chinese property giant Evergrande Group was placed into liquidation Monday by a court in Hong Kong after the company repeatedly failed to come up with a viable plan to restructure ...

Evergrande's Hong Kong-traded shares plunged nearly 21% early Monday before they were suspended from trading. But Hong Kong's benchmark Hang Seng index was up 0.9% and some property developers saw ...

Evergrande gained a reprieve from the Hong Kong court in December after it said it was attempting to "refine" a new debt restructuring plan of more than $300 billion in liabilities.