Chinese property giant Evergrande and its biggest foreign creditors are negotiating an 11th-hour deal to prevent a ...
The defaulted company has until a Hong Kong court hearing on Monday to present a "concrete" revised debt restructuring ...
The Chinese mega real estate group Evergrande shares tumbled 11,6% on Friday in the Hong Kong stock exchange, following on Thursday's nonpayment of US$ 84 million in interests on maturing offshore ...
HONG KONG: Shares of China Evergrande jumped as much as 42% in volatile trade on Tuesday, days after the embattled developer said its billionaire founder was being investigated over unspecified ...
HONG KONG--Shares of China Evergrande Group tumbled on Thursday, as investors in the debt-laden developer were sceptical of the company’s thinly detailed plan to have a preliminary restructuring ...
Evergrande shares, which trade as a penny stock, pared earlier losses of as much as 23% to close down about 10%. Its dollar bonds have been indicated below 5 cents on the dollar, underscoring how ...
HONG KONG: China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30 per cent equity stake in each of the developer's two ...
US oil giant Chevron has sold its NZ Caltex chain to Z Energy. Z Energy shares have soared 21 per cent today after the news it has signed a $785 million agreement to acquire Chevron New Zealand's ...
Sunac says its bonds were exchanged for a combination of convertible bonds, dollar-denominated notes, mandatory convertible bonds and shares in its subsidiary The company's shares jumped as much as 27 ...
Mack Wilowski is a staff writer for Investopedia, focusing on breaking news stories, earnings previews, and company-specific insights and analysis. Previously, he was an associate editor for ...
MADRID (Reuters) - Grifols shares soared on Thursday after the Spanish drugmaker upgraded its annual profit outlook following a strong quarter. Grifols, which posted a third-quarter net profit of 60 ...
HONG KONG, Nov 1 (Reuters) - China Evergrande (3333.HK) has proposed a new debt restructuring plan for offshore bondholders, offering to swap their debts into about a 30% equity stake in each of ...
