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China Evergrande Group (3333.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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0.163-0.043 (-20.87%)
At close: 10:18AM HKT
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  • Bloomberg

    Evergrande Accused of Falsifying Revenue by $78 Billion

    (Bloomberg) -- China Evergrande Group, the defaulted developer at the heart of China’s real estate crisis, falsely inflated revenue by more than $78 billion in the two years leading up to its failure, according to the nation’s top securities regulator.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamMusk Says His Ketamine Prescription Is in Investors’ Best InterestsNvidia Unveils Successor to

  • Reuters

    China Evergrande: the people behind the indebted developer's overhaul

    Restructuring experts from Alvarez & Marsal will rely on China connections and a track record of complicated corporate overhauls as they try to engineer an outcome for property giant Evergrande that will involve creditors, authorities and home buyers. Tiffany Wong and Eddie Middleton, both managing directors at A&M, were appointed by a Hong Kong court last month after a liquidation petition was approved following about 18 months of talks with China Evergrande Group's offshore creditors. Evergrande, founded in 1996 by Hui Ka Yan, grew to become the poster child of China's property boom in the first two decades of the 2000s.

  • Reuters

    Australia's Golden Goose unruffled as China crises come and go

    SYDNEY (Reuters) -For Australia, China has become the Golden Goose that's always about to stop laying. For more than three decades now, barely a year has passed where a China crisis was not just around the corner, certain to shut down the rivers of gold flowing into Australia's trade coffers. The latest scares have come in the form of a collapse in China's stock markets and a failure of developer China Evergrande and what it might mean for the property sector, a backbone of China's economy.