HK court orders liquidation of Chinese property giant Evergrande
The real estate giant had previously tried to avert liquidation with a reorganisation plan.
Evergrande to raise US$5b from stake selling its property unit
HONG KONG (Oct 4): China Evergrande is looking at disposing of 50% of its stake in its property management unit to Hopson Development for US$5 billion (RM20.
Malaysian banks have no exposure to Evergrande, says S&P
KUALA LUMPUR (Sept 29): Malaysian banks are not directly exposed to embattled property developer China Evergrande Group as they are more concentrated in the Southeast Asian region, says S&P Global Ratings.
Evergrande debt crisis will not have a major impact on Country Garden, say analysts
KUALA LUMPUR (Sept 25): The Evergrande Real Estate Group debt problem will not have a major impact on “the financial health and operations” of Country Garden Holdings Co Ltd in Malaysia, a number of analysts “monitoring the situation” told The Edge Malaysia this week.
Shenzhen Bay's mega-development drive
Taking a stroll on the southern coast of Shenzhen city, China, you can’t miss the Hong Kong skyline across the ocean, especially when the sun goes down and the island lights up.
Developer China Evergrande to diversify into electric vehicles
China Evergrande Group is China’s second-largest property developer, who are also know for investments into football clubs and spring-water companies, has declared that they can be the biggest electric vehicle manufacturer in the world within three to five years.
