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Top related persons:
Yuan Tian Jing - 3 Linda Chan - 1 Hong Kong's - 1 Evergrande - 1
Top related locs:
Yangzhou China Hong Kong Hong Kong's — Hengda U.S Beijing
Top related orgs:
Hong - 2 China Evergrande Group - 2 Evergrande - 1 Court - 1 Bloomberg - 1 Getty - 1 China Evergrande - 1 Bloomberg News - 1

Search resuls for: "Yuan Tian Jing"


3 mentions found


☆ Evergrande shares fall 20% to all-time low as court adjourns winding-up hearing
  + stars: | 2023-10-30 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +1 min
Pictured here on Sept. 7, 2023, are residential buildings under construction at the Tao Yuan Tian Jing project, developed by Evergrande in Yangzhou, China. Shares of embattled Chinese property Evergrande hit an all-time low of 18.8 Hong Kong cents (2.4 U.S. cents) after a Hong Kong judge delayed the court hearing to wind-up its business. Evergrande's shares plunged over 20% from last Friday's close of 23.6 Hong Kong cents to the all-time low early Monday, before recovering slightly to 22.2 Hong Kong cents. Reuters reported that Justice Linda Chan from Hong Kong's High Court pushed back the hearing from Oct. 30 to Dec. 4, which would be the last before a decision is made on the winding up order. Evergrande must come up with a revised restructuring proposal before that date, or the company will likely to be wound up, she said.
Persons: Yuan Tian Jing, Linda Chan Organizations: Evergrande, Hong, Reuters, Court Locations: Yangzhou, China, Hong Kong, Hong Kong's
☆ Shares of Evergrande have been suspended amid reports its chairman is under surveillance
  + stars: | 2023-09-28 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +2 min
Shares of Evergrande were suspended on Thursday, Hong Kong's exchange announced. Seen here are residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, in Yangzhou, China. Bloomberg | Getty ImagesShares of China Evergrande Group were suspended on Thursday, Hong Kong's exchange announced. Evergrande shares last closed at 32 Hong Kong cents on Wednesday. Operating loss stood at 11.72 billion yuan, down from 39.36 billion in the first half of 2022.
Persons: Hong Kong's, Yuan Tian Jing, Evergrande Organizations: China Evergrande Group, Bloomberg, Getty, China Evergrande, Bloomberg News, Hong, Trading, Reuters Locations: Yangzhou, China, Hong Kong, —, Hengda, U.S
☆ China's property slump worsens, clouding recovery prospects
  + stars: | 2023-09-15 | by ( ) www.cnbc.com   time to read: +1 min
Residential buildings under construction at the Tao Yuan Tian Jing project, developed by China Evergrande Group, in Yangzhou, China, on Thursday, Sept. 7, 2023. Speculative bets that Chinese authorities will widen support for the property sector sent some of the country's ailing developers surging by the most on record. A slump in China's property sector worsened in August, with deepening falls in new home prices, property investment and sales, despite a recent flurry of support measures, adding pressure to the world's second-largest economy. For August, property investment fell for the 18th straight month, down 19.1% year-on-year from a 17.8% slump the previous month, separate data showed on Friday. Home sales are down for the 26th consecutive month, according to Reuters calculations based on the data.
Persons: Yuan Tian Jing Organizations: China Evergrande Group, National Bureau, Statistics Locations: Yangzhou, China, Beijing
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