It was not easy for radical real estate companies like Evergrande to get enough bank loans even before the default, and they also raised money from the market. For example, before the introduction of restricitve policies, trusts were a major channel for real estate companies for financing. Oth...
Previously a nobody, Hui went into business at the right time and not only became China's richest man, but also rendered Evergrande the first real estate company to made the Fortune 500 list in just 20 years. Hui created brilliant business achievements. In 2016, with Evergrande's Hong Kong...
The new brand building philosophy and creative brand communication means have helped establish Evergrande as a well-known leading real estate company devoted to people's livelihood, boutique real estate and rapid development, and greatly secured and improved Evergrande's leading position in China's ...
An insider of Country Garden, the largest property developer in China by sales, told the media on Tuesday that the company is “under periodic liquidity pressure.” Last month, Evergrande Group, China’s second largest property developer by sales, reported that its total debts reached 2.44 trilli...
Evergrande has become the world's most valuable real estate brand with its brand value more than doubling over the last year to 16.2 billion U.S. dollars, according to the latest report published Tuesday by Brand Finance, an independent brand valuation and strategy consultancy. Evergrande is ...
The regulatory authorities are stepping up their handling of Evergrande's problems, and the company is getting closer and closer to the final outcome.Unable to issue new bonds On the evening of last Sunday, Evergrande Group announced that as Evergrande Real Estate Group is under investigation, it...
Evergrande represents a crisis long foretold, the natural and inconvenient result of a decade of easy money and real estate speculation in China’s frothy domestic market. Evergrande, one of China’s largest real estate developers, is a name that’s now synonymous with debt. The company is est...
BEIJING, July 2 /PRNewswire-Asia/ -- Evergrande Wins the Sales Championship in the China Real Estate Industry in the Past Half Year and Becomes the Only Enterprise to Completes Sales Targets
BEIJING, October 8 (TiPost) – The first real estate project developed by China Evergrande is Jinbi Garden. The company didn’t have money to buy land, so it borrowed 5 million from the bank and paid the land deposit. It also had no money for construction, so it relied on the funding...
The regulatory authorities are stepping up their handling of Evergrande's problems, and the company is getting closer and closer to the final outcome. Unable to issue new bonds On the evening of last Sunday, Evergrande Group announced that as Evergrande Real Estate Group is under investigation, ...