china evergrande

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US advisory firm Alvarez & Marsal plans major expansion in China

US consulting firm Alvarez & Marsal (A&M) is set to further expand its presence in China, after tripling the number…

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Hong Kong court names China Evergrande’s liquidators as receivers of founder’s assets

A Hong Kong judge on Tuesday appointed China Evergrande Group’s liquidators as receivers of the assets of company founder Hui…

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China’s home prices continue slide as support measures fail to budge sentiment

A gauge of new home prices in China slid 0.3 per cent in July, adding to the steepest drop in…

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Hong Kong developer Road King defaults after creditors reject debt amendments

Road King Infrastructure suspended US$22.6 million in interest payments and will defer distributions of US$56.5 million on perpetual securities, making…

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Korean funds are buying Chinese stocks again after selling US$984 million in past 3 years

South Korean fund managers are renewing their interest in Chinese equities after pulling back from the market in the past…

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Xiaomi’s EV unit to become profitable this year, CEO Lei Jun says

Chinese smartphone maker Xiaomi will start making money from its electric-vehicle (EV) venture by the end of this year, according…

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China property crisis: Hong Kong court orders Evergrande and HNA units to liquidate

A key offshore financing unit of China Evergrande Group was ordered to wind up on Monday, while a court hearing…

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Home prices in China’s biggest cities stabilise under Beijing’s stimulus measures

New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing’s stimulus…

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Creditors pursue court action against developers Evergrande, Shimao amid housing slump

Creditors are tightening the screws on two of China’s largest property developers, pursuing court action to retrieve money owed as…

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Shimao gets more time to restructure debt after beating back liquidation petition in court

Shanghai-based developer Shimao Group prevailed in a Hong Kong court decision to dismiss a creditor petition to liquidate the company,…

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