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Real estate giant Evergrande warns of bankruptcy risk

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Hong Kong, Sep 14 (EFE / EPA).- (Camera: Jerome Favre) The Chinese real estate giant Evergrande, whose debt amounts to 305,000 million dollars, warned on Tuesday of the risk of entering an insolvency process due to two of its subsidiaries, which caused a new collapse of its shares and increased fears that its fall could have consequences for the banking system.FOOTAGE OF THE EVERGRANDE BUILDING IN HONG KONG.

Added on the 14/09/2021 14:00:00 - Copyright : EFE Inglés

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  • Chinese real estate giant Evergrande warns of the risk of entering an insolvency process

    Beijing (China), Sep 14 (EFE / EPA) .- (Camera: Wu Hong) .- The Chinese real estate giant Evergrande, whose debt amounts to 305,000 million dollars, warned today of the risk of entering an insolvency process due to the fault of two of its subsidiaries, which caused a new collapse in its shares and increased fears that its fall could have consequences for the banking system.FOOTAGE OF THE EVERGRANDE BUILDING IN BEIJING, CHINA.

    14/09/2021 - EFE Inglés
  • Uncertainty over Chinese real estate giant Evergrande

    Beijing (China), Sep 21 (EFE / EPA) .- (Camera: Wu Hong) Chinese real estate giant Evergrande, whose stock market crash in recent days has dragged stock markets around the planet, faces with uncertainty the interest payment of 84 million dollars (about 71.6 million euros) whose maturity is next Thursday.FOOTAGE OF GIANT CHINESE REAL ESTATE EVERGRANDE IN BEIJING, CHINA.

    21/09/2021 - EFE Inglés
  • Collapse of Chinese real estate giant Evergrande drags international markets

    Shanghai (China), Sep 21 (EFE / EPA) .- (Camera: Alex Plavevski). The Chinese real estate giant Evergrande, whose stock market crash in recent days has dragged stock markets around the planet, faces with uncertainty the interest payment of 84 million dollars (about 71.6 million euros) whose maturity is next Thursday.FOOTAGE FROM THE OFFICES OF CHINESE REAL ESTATE GIANT EVERGRANDE IN SHANGHAI, CHINA.

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  • Evergrande stocks fall 11.6% as offshore bonds expire

    Beijing, Sep 24 (EFE/EPA).- The shares of Chinese real estate giant Evergrande plummeted Friday by 11.6 percent in the stock market after the expiration a day earlier of the term to pay the interests of a group of “offshore” bonds.Although at the opening of the session the fall was much more moderate, of little more than 2 percent, the uncertainty prevailed on the mentioned payments, which would suppose a disbursement of about $ 84 million.The company has now entered a 30-day period before it is officially deemed to have defaulted. (Camera: ARCHIVE).B-ROLL OF EVERGRANDE ROYAL SCENERY HOUSING COMPLEX IN BEIJING; EVERGRANDE CITY PLAZA IN BEIJING AND EVERGRANDE CENTER IN SHANGHAI, CHINA.

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  • One of Evergrande's main investors plans to divest stake

    Beijing, Sep 23 (EFE/EPA).-Property investment company Chinese Estates, one of the main shareholders of the Chinese developer Evergrande Group, announced on Thursday its plans to divest its stake in the company due to its serious financial situation.In a statement sent to the Hong Kong Stock Exchange, where it is listed, Chinese Estates said that its directors are "concerned" about the recent developments of the Evergrande Group and the "possible consequences" in the event that the remedial measures it has announced "could not be effectively implemented." (Camera: WU HONG).B-ROLL OF EVERGRANDE ROYAL SCENERY HOUSING COMPLEX IN BEIJING, CHINA,

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