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News about Evergrande

Stay current with all the latest and breaking news about Evergrande, compare headlines and perspectives between news sources on stories happening today. In total, 17stories have been published about Evergrande which Ground News has aggregated in the past 3 months.

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Top Evergrande News

Evergrande Tycoon’s Ex-Wife Spent Millions on Homes as Firm Sank

Evergrande · London

Evergrande Tycoon’s Ex-Wife Spent Millions on Homes as Firm Sank

67% Right coverage: 3 sources

The ex-wife of China Evergrande Group’s chairman spent millions on luxury apartments in London, nine months after the developer defaulted on its loans.See the Story

PwC Names Batch of New Hong Kong, China Partners to Revive Firm

Evergrande · Hong Kong

PwC Names Batch of New Hong Kong, China Partners to Revive Firm

100% Left coverage: 1 sources

PricewaterhouseCoopers LLP named more than 20 new partners in Greater China as the firm seeks to reboot its business following the troubles stemming from its role in the collapse of the nation’s biggest property developer, according to people familiar with the matter.See the Story

Evergrande Scandals Are Still Going Strong - Who Continues to Buy Luxury Properties?

Evergrande · London

Evergrande Scandals Are Still Going Strong - Who Continues to Buy Luxury Properties?

The ex-wife of the chairman of the Evergrande group spent millions of pounds to buy luxury apartments in London See the Story

Ex-wife of Evergrande’s chairman Hui Ka Yan spent $67M on luxury London apartments months after company defaulted - VnExpress International

Ding Yumei, the ex-wife of China Evergrande Group’s chairman Hui Ka Yan, bought 33 luxury apartments in London worth a combined GBP49.8 million (US$67 million) nine months after the developer defaulted on its loans. - VnExpress InternationalEvergrande · London Read Article

Partnerships with Countries Experienced in EV Development Essential, Says Indonesian Business Leader

Partnerships with countries experienced in electric vehicles (EV) development, particularly China, will be essential for the Indonesian EV industry, an Indonesian business leader told Xinhua. Indonesia’s automotive industry has developed rapidly over the past 50 years and has been undergoing a shift toward cleaner energy vehicles. With the swift adoption of EVs, the country has emerged as a promising destination for nickel investment. Kukuh Kuma…Evergrande · Vietnam See the Story

‘Gunpowder’ price wars, Japan’s US$7,000 single-seat car: 7 EV reads

100% Center coverage: 1 sources

From Xiaomi’s electric car unit’s potential profit to fears of an Evergrande-style collapse, here are seven EV stories you may have missed.Evergrande · Japan Read Article

China Evergrande’s RMB 11.3 Bn in Distressed Assets Up for Sales Amid Accelerated Liquidation Efforts - YT FINANCE

Non-performing claims involving 12 Evergrande-affiliated companies have recently been put on the market for investment solicitation, with total debt amount reaching about RMB 11.3 billion, according to disclosures on the Alibaba Asset Auction Platform.Evergrande Read Article

The Evergrande Debacle Keeps Giving PwC Big Trouble in Regular-Sized China

Headline reference for the younguns. The last time we checked in on PwC China they were looking at laying off as much as half of their 2,000-person financial services audit business, a direct consequence of the Evergrande situation that’s haunted the firm since the property developer and former audit client collapsed in 2021. To make matters worse, shortly after the layoff news hit Financial Times reported that PwC China lost as much as two-thir…Evergrande · China Read Article

PwC Troubles in China Deepen with Exit of Hong Kong Partners

PricewaterhouseCoopers troubles are now deepening in Hong Kong as the firm is wrestling with the consequences of its audits of China Evergrande Group.Evergrande · China See the Story

BYD Faces EV Challenge From Geely and Changan in May Amid Possible Regulatory Scrutiny · TechNode

50% Center coverage: 6 sources

Major Chinese automakers Geely and Changan Automobile reported strong electric vehicle sales growth for May, posing serious challenges to leading player BYD which launched a new round of price cuts and could face potential regulatory scrutiny in its homeland.Why it matters: The figures come on the heels of China’s top industry regulator promising to strengthen efforts to rein in “involution-style” competition in the country’s auto industry, with…Electric Vehicles · China See the Story

BYD Executive Says No ‘Evergrande’ Risk Among Mainstream Chinese Automakers

42% Center coverage: 7 sources

BEIJING (Reuters) -An executive at top Chinese electric vehicle manufacturer BYD said on Friday there was no “Evergrande” risk among mainstream Chinese automakers. Last week, Great Wall Motor Chairman Wei Jianjun said the country’s auto industry had its own Evergrande, referring to the debt-laden developer that became the centre of a liquidity crisis in China’s property sector. Wei’s critical comments were a reminder of the risks facing the indu…Cricket · China See the Story

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