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China Evergrande Group

Evergrande to Raise $1.5 Billion by Selling Bank Stake to State-Owned Firm

Dustin Moskovitz Sep 29, 2021 0

A Chinese state-owned enterprise struck a deal to buy most of China Evergrande Group’s EGRNF 5.00% stake in a commercial bank for $1.5…

Business

Evergrande Bondholders Mull Next Steps in Wake of Missed Payment

Dustin Moskovitz Sep 28, 2021 0

The cash-strapped developer has another $45 million bond interest payment due on Wednesday, and investors believe Evergrande is unlikely to come up with the cash given its lack of public…

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