China Evergrande Group

Debt-laden China Evergrande Group <3333.HK> said it has decided to terminate a reorganisation plan with Shenzhen Special Economic Zone Real Estate & Properties Group Co Ltd <000029.SZ>, ending a long-awaited backdoor listing plan in Shenzhen.

Debt-strapped China Evergrande will raise 14.9 billion yuan ($2.23 billion) by selling a 40.96% stake in Xinjiang Guanghui Industry Investment Group to Shenergy Co <600642.SS>, a Xinjiang Guanghui subsidiary said on Sunday.

China Evergrande Group, the country's most indebted property developer, on Wednesday said it has raised $555 million in a secondary share sale, settling for half its initial target and sparking a 16% drop in its share price.

China Evergrande <3333.HK>, the country's No.2 property developer, is looking to raise up to $1.1 billion in a share placement to help refinance some of its debt and build up its working capital, according to a term sheet seen by Reuters.

* HK->Shanghai Connect daily quota used -0.9%, Shanghai->HK daily quota used 0%

Shares of China Evergrande Group <3333.HK> rose as much as 17.9% after the property developer reached a deal with some investors in its unit Hengda Real Estate to ease cash-crunch concerns.

China Evergrande Group <3333.HK> said its debt-cutting measures were working and the Hong Kong bourse had approved its spinoff plan, sending the property developer's shares up as much as 14% after a selloff last week.

Investors sold off China Evergrande Group <3333.HK> shares and bonds on Friday after a leaked document showed the nation's second-biggest property developer by sales sought government help to avert a cash crunch.

Debt-laden China Evergrande Group, the country's second largest property developer, has pleaded for government support to approve a restructuring plan that has languished for four years, warning it faces a cash crunch that could lead to systemic risks, according to people...

China Evergrande Group , the country's No.2 property developer by sales, said it is offering a 30% discount on properties for a month from Monday as it seeks to meet ambitious sales targets.

China Evergrande Group , the nation's No.2 property developer by sales, will sell a bulk of its commercial properties in an effort to lower its debt ratio, a person with knowledge of the matter said on condition of anonymity.

China Evergrande Group , the country's No.3 developer by sales, surprised the market on Sunday when it said it sold more than 99,000 units worth 102.7 billion yuan ($14.7 billion) online in February, boosted by aggressive promotions, despite the coronavirus outbreak.

China Evergrande Group , the third-largest developer by sales in the country, said on Sunday that it will offer 25% discount for all properties on sales from Feb 18 to Feb 29.

China Evergrande Group , the third-largest developer by sales in the country, said on Sunday that it will offer 25% discount for all properties on sales from Feb 18 to Feb 29.

The board of China Evergrande Group has agreed to pay a dividend of 1.419 yuan or HK$1.578 ($0.2017) for the financial year that ended on December 31, 2018, according to a filing published on December 8 on the Hong Kong Stock Exchange.

Pininfarina SpA <PNNI.MI> shares were up more than 8% on Thursday, with traders citing a possible agreement between the company and China Evergrande Group <3333.HK> for the design of a series of electric vehicles.

Chinese developers are increasingly tapping alternate options to raise cash, including private-equity (PE) funds and securitization tied to commercial properties, as regulators tighten the screws on popular financing channels.

China Evergrande Group became Asia's biggest bond market borrower excluding Japan so far this year after a $1 billion tap of its latest issue took the mainland property developer's total sales so far to $6.6 billion.

China Evergrande Group became Asia's biggest bond market borrower so far this year after a $1 billion tap of its latest issue took the mainland property developers' total sales so far to $6.6 billion.