China Evergrande Group
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China Evergrande Group

(恒大集团)

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China Evergrande Group
China Evergrande Group
恒大集团
News and analysis about China Evergrande Group, one of the country's biggest property developers by sales volume. Coverage includes Evergrande's real estate projects in mainland China and Hong Kong, as well as its forays into so-called new energy vehicles (NEVs), and its stake in the football club Guangzhou FC, known as the Guangzhou Evergrande Football Club until 2021.
Chairman / President
Yu Fachang
CEO / Managing Director
Lin Chun
CFO / Finance Director
Wong Chun Sek
Industry
Property
Website
ebchina.com
Headquarters Address
China Everbright Center, 25 Taipingqiao Avenue, Xicheng District, Beijing, China
Stock Code
SSE: 601818
SSE: 360013
SEHK: 6818
Year Founded
1990
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Joy City’s Hong Kong exit throws mainland China’s property strains into relief

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After 12 years, Joy City Property is delisting from the Hong Kong bourse. Photo: Jelly Tse
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UBS’ China property optimist retreats from bullish calls, foresees deeper slump

Home prices in mainland China are expected to fall for at least another two years as more people prefer renting over buying, John Lam says.

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Evergrande’s iconic Canadian hotel to be sold after default

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Evergrande liquidators set month-end deadline for bids on property services unit

Liquidators caution that the sale of Evergrande Property Services is at a preliminary stage and many of the details have yet to be finalised.

Liquidators are exploring the sale of China EVergrande Group’s property services unit. Photo: EPA-EFE
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Chinese developer’s property management arm hit by share seizure in Hong Kong

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The seizure has “no significant impact” on the business operation, financial conditions and solvency of the company, according to Redsun Services Group. Photo: Handout
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China’s micro-drama craze turns idle real estate projects into lavish film sets

The fast-growing entertainment sector brings life to vacant buildings, but industry insiders say the broader impact remains limited.

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US advisory firm Alvarez & Marsal plans major expansion in China

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Hong Kong court names Evergrande’s liquidators as receivers of founder’s assets

‘There is a total failure on the part of Hui to comply with the disclosure order,’ writes Justice Herbert Au-yeung Ho-wing.

Hui Ka Yan of China Evergrande. Photo: AFP
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China’s property sector shows fragile signs of stabilisation amid ongoing challenges

August figures continued their month-on-month decline, though the sluggish sector’s year-on-year numbers narrowed marginally.

FILE PHOTO: Men work at the construction site of an apartment building in Beijing, China, July 29, 2023. REUTERS/Thomas Peter/File Photo
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Evergrande eyes sale of stake in US$1.3 billion property services unit

Evergrande liquidators explore sale as soon as November after receiving non-binding offers.

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Hong Kong stocks gain the most in 2 weeks after Fed’s Powell hints at rate cut

Mainland developers Longfor, Vanke and China Resources Land jump after Shanghai eases property-buying rules.

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Editorial | Evergrande delisting brings painful economic chapter to a close

The move comes at the right time as the Hong Kong stock exchange must maintain the integrity of listed companies and its own credibility.

An unfinished residential compound developed by China Evergrande Group is seen on the outskirts of Shijiazhuang, Hebei province, on February 1, 2024. Photo: Reuters
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A view of Crescent Green, developed by Road King Infrastructure, in Kam Tin North, Yuen Long. Photo: Handout
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4 years after Evergrande crash, Chinese families still stuck in ‘broken houses’

China’s faltering property sector continues to be a drag on consumption, with much of middle class wealth stored in homes that have not regained value.

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Evergrande crisis

Liquidators hire UBS and Citic to sell Evergrande’s property services unit

Court-appointed liquidators are working with UBS Group and Citic Securities to seek potential buyers for the subsidiary, Evergrande Property Services Group.

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Evergrande delists from HKEX in milestone for China’s property crisis

The delisting of other struggling Chinese property developers might follow, according to Kaiyuan Capital’s Brock Silvers.

China Evergrande Group amassed more than US$300 billion in liabilities at its peak. Photo: Shutterstock
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Shanghai plans housing upgrade drive in a boost for consumption, investment

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Shanghai skyline with historical Waibaidu bridge. Photo: Shutterstock
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New committee, bailout talk: is China launching a fresh property rescue effort?

China’s central bank has set up a new ‘financial stability committee’ and pledged to defuse risks in key regions and institutions.

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China Evergrande nears delisting as 18-month suspension deadline expires

Trading in the company’s shares has been suspended since January 29, 2024, after a Hong Kong court ordered its liquidation.

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