Evergrande Group
Chinese property development company
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The China Evergrande Group was a Chinese property developer, and it was the second largest in China by sales. It was founded in 1996 by Hui Ka Yan. It sold apartments mostly to upper- and middle-income dwellers.
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China Evergrande liquidation ordered by courtA Hong Kong court has ordered the liquidation of China Evergrande, the real estate firm with more than $300bn (£236.1bn) of debts, amid deepening fears for the territory's wider corporate health.Sky News - Published | |
Latest setback for world's most indebted property developer as chairman reported taken by policeShare trading in the Chinese property giant Evergrande has been suspended following reports the company founder and chairman had been taken by police.Sky News - Published |
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