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Latest Articles in Evergrande

What Is Evergrande Crisis That Has Shaken Markets Across World?

The share price of the property sector giant has decreased around 85% since September 2020. The rating agencies have also downgraded the company’s bonds.

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Explained: What Is Happening With Evergrande?

The company is now facing a default issue and has been struggling to raise funds to pay its lenders, suppliers and investors. The total estimated liabilities of the company stand at $305 billion which is 2 per cent of China's GDP.

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Evergrande Property's Hong Kong IPO Meets With Lukewarm Reception, Raises $1.8 Billion

Hong Kong's second-biggest IPO this year priced at HK$8.80 per share, compared to the marketed range of HK$8.5 to $9.75 each, three sources with direct knowledge of the matter said, declining to be identified as the information has not yet been made public.

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