Embattled Evergrande warns of growing default risks as pressures mount

Summary by Reuters
Cash-strapped property group China Evergrande Group (3333.HK) said on Tuesday it has engaged advisers to examine its financial options and warned of default risks amid plunging property sales, sending its stock and bond prices sharply lower.
9 months ago

News Articles

Reuters

Embattled Evergrande warns of growing default risks as pressures mount

Cash-strapped property group China Evergrande Group (3333.HK) said on Tuesday it has engaged advisers to examine its financial options and warned of default risks amid plunging property sales, sending its stock and bond prices sharply lower.

9 months ago·United Kingdom
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The Telegraph

Evergrande hires restructuring advisers as Chinese property fears mount

Shares in rival firms slide after troubled construction giant it apoints US firm that advised on bankruptcies of Enron and Lehman Brothers

9 months ago·London, United Kingdom
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Al Jazeera

China hires advisers ahead of Evergrande restructuring

The move signals that officials are laying the groundwork for what could be one of China’s biggest debt restructurings.

9 months ago·Qatar
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Reuters
Al Jazeera
The Telegraph
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R 33%
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