Tag: Hengda Real Estate Group
China’s Real Estate Crisis Deepens as Shares in Property Developers Plummet
Stock prices for a number of Chinese developers plummeted at the opening of trading on Monday, deepening...
Police Detain Evergrande Wealth Management Staff in Latest Blow to Embattled Property Developer
Several employees of Evergrande’s financial subsidiary, Evergrande Wealth Management, have been detained...
Evergrande’s Hengda Real Estate Group Under Probe for Allegedly Breaking Information Rules
On Aug. 16, China’s Evergrande Group suffered a blow after one of its units, Hengda Real Estate Group...
Last-minute Debt Deal Keeps Evergrande Afloat, but Crisis Is Far From Over
The Evergrande Group has struck a last minute deal to avoid defaulting on a bond payment worth an estimated...