Heavily indebted Chinese developer Evergrande replaced its chief executive officer and chief financial officer after an internal investigation found that they were involved in a…
On a sprawling undeveloped wetland in northern Hong Kong, one of America’s most formidable distressed debt investors last week upended China’s biggest ever restructuring by capturing “the…
Breadcrumb Trail Links PMN Business Author of the article: Reuters Xie Yu and Julie Zhu and Yew Lun Tian and Clare Jim Article content HONG KONG/DANZHOU — The opening…
China’s top banking regulator is set to complete an investigation into the relationship between Evergrande and a little-known Chinese regional bank, which could pose a new threat to…
Chinese real estate developer Evergrande said a potential sale of its property services unit had collapsed, deepening the pressure on the group that has just days to avoid an official…
Evergrande, the teetering Chinese real estate developer, has three more payments due Monday on its dollar bonds. It’s been about two weeks since the company, which has $300 billion in…