The Latest Breaking News from Evergrande

The real estate giant became the poster-child for the problems facing Chinese developers after it collapsed under the weight of massive debts in 2021

Shares in China Evergrande, the real estate developer whose downfall led a collapse in the country’s property market, have been delisted from Hong Kong's stock exchange as creditors work to wind up debts that totaled over $300 billion

Embattled property giant China Evergrande Group said Tuesday it will delist from Hong Kong Stock Exchange as a heavier-than-expected debt burden weighed on its liquidation process.

China Evergrande says it will be delisted from Hong Kong’s stock exchange on Aug. 25

The Chinese government is signaling enough is enough when it comes to the fierce competition in the country’s electric car market

Manufacturers are continuing to slash prices and offer premium features to lure in customers

China’s economic rocket ride appears to be ending – or slowing, at least. Growth has declined from 8.4% in 2021 to 4.5% today, youth unemployment has climbed to 16.9%, and cities are filled with unfinished buildings after the collapse of property developer Evergrande in 2024.

Accountancy firm accused of issuing false audits says it has sacked six partners and five other staff have left

Accountancy giant PwC was banned in China Friday for six months and slapped with a fine of $62.2 million over problems with its audit of beleaguered property company Evergrande.