China Evergrande defaulted on its debt. Fitch Ratings has downgraded the company and its subsidiaries to "restricted default".
China Evergrande
China Evergrande failed to make payments on some U.S. dollar bonds. This may cause them to default and for them...
China Evergrande will sell their stake in Tencent-backed Venture for $273 million.
China Evergrande raised $145 million in the last week by selling its stake in HengTen Networks. China Evergrande is trying...
China Evergrande made another overdue interest payment on dollar bonds avoiding default for a second time.
10/22/2021-China Evergrande made an overdue interest payment that allowed the company to hold off defaulting on its debts.
10/21/2021-China Evergrande backed off a plan to sell a key unit for $2.6 billion.
