A Hong Kong judge could set in motion the liquidation of the property developer, which was once considered one of China’s most successful companies.
Chinese property giant Evergrande is due to present its restructuring plans in a Hong Kong court Monday, a deadline imposed by a judge for the heavily indebted company to avoid liquidation. Once China ...
A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande's plans for restructuring ...
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 ...
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some ...
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 ...
Being a fintech company has been tough in the last couple of years. Amid rising interest rates, deteriorating investor sentiment toward the tech sector, and fears of a recession continuing to ...
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 ...
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 ...
Target on Wednesday forecast holiday-quarter profit largely above Wall Street expectations as the big-box retailer benefits from easing supply chain costs and its efforts to control inventory ...
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 ...