CHINA EVERGRANDE Aktie

 

HKEX (00388.HK) held its annual general meeting today, with one of the agenda items being the reappointment of PwC as its auditor.Some shareholders expressed concerns about the quality of PwC's auditing in light of the EVERGRANDE (03333.HK) event. Vanessa Lau, Chief Operating Officer and Group Chief Financial Officer, respon......

At a Hong Kong High Court hearing today (29th), lawyers representing EVERGRANDE (03333.HK)'s liquidators stated that Chairman Hui Ka Yan plans to refuse disclosing details of his assets. Hui's lawyers, present at the hearing, did not refute the liquidators’ claims, potentially complicating the company’s liqui......

Hui expressed his intention to the court on April 23 that he would not be disclosing his assets, a lawyer for the liquidators said....

China Evergrande Group Chairman Hui Ka Yan plans to refuse disclosing details of his assets, its liquidators said, likely complicating efforts to wind up the defaulted builder to pay back creditors....

A Hong Kong judge ordered former China Evergrande Group CEO Xia Haijun to comply with a court order to disclose his assets, as liquidators continue their efforts to recover billions of dollars from the company....

Xia Haijun, the former CEO of China Evergrande, told a Hong Kong court that complying with an order to disclose his assets could place him in “extreme danger.”...

China's economy has endured a series of profound shocks, beginning with the stringent pandemic lockdowns, followed by the collapse of Evergrande and the financial crisis at Country Garden Holdings. These crises triggered a significant decline in societal wealth and caused urban real estate prices to fall, resulting in numerous incomplete construction projects. These challenges present complex problems that are difficult to resolve....

China Evergrande Group's liquidators are suing Hong Kong Golf Club as they broaden their efforts to recover more money from the defaulted developer's assets....

Um den gesamten Artikel unter aastocks.com zu lesen, klicken Sie bitte auf die Überschrift...

The liquidators of EVERGRANDE (03333.HK) filed a lawsuit in 2024 against Group Founder Hui Ka Yan, his ex-wife Ding Yumei, former group CEO Xia Haijun and other people, as well as related entities, to recover a total of about US$6 billion. The court granted an injunction restraining the relevant individuals from disposing of the......

Ding Yumei, the ex-wife of EVERGRANDE (03333.HK) Founder Hui Ka Yan, filed a petition in the High Court last month, applying for a modification of the injunction order to clarify the scope of assets covered by the injunction. However, the court recently rejected the application, questioning her intention to delay the trial of th......

Um den gesamten Artikel unter investing.com zu lesen, klicken Sie bitte auf die Überschrift...

Um den gesamten Artikel unter investing.com zu lesen, klicken Sie bitte auf die Überschrift...

Ding Yumei, the ex-wife of Evergrande Group founder Hui Ka Yan, asked the High Court to clarify the obligations imposed on her by the injunction, as reported by various Chinese media.Ding has received more than 300 letters from the liquidator requesting more information about her assets, Ding's lawyer said. Her legal represe......

The ex-wife of China Evergrande Group Chairman Hui Ka Yan is asking the high court of Hong Kong to clarify her obligations imposed by injunctions....

Liquidators of China Evergrande Group, the world's most indebted builder, are seeking guidance from a Hong Kong court on whether bondholders can be part of a committee that would streamline the company's winding-up process....

It has already been one year since EVERGRANDE (03333.HK) was ordered into liquidation by the Hong Kong court, yet creditors have not received any payments.Oaktree Capital is attempting to recover EVERGRANDE's assets outside the Hong Kong liquidation process, Bloomberg reported, citing sources.It is understood that Oaktree Ca......

A year after China Evergrande Group was ordered into liquidation by a Hong Kong court, creditors have yet to pocket a penny from the process....

More Signs Of China's Decline Authored by Milton Ezrati via The Epoch Times (emphasis ours), More signs have emerged testifying to the severity of China's financial woes. Local governments seem to have become so cash-strapped that they have resorted to paying their bills with unfinished and unbought apartments left by the nation's ongoing property crisis. A general view shows Evergrande residential buildings under construction in Guangzhou, in China's southern Guangdong Province, on July 18, 2022. Jade Gao/AFP via Getty Images This kind of barter constitutes a slide back into the sort of primitive economics usually associated with third-world economies. It speaks to how far China has fallen and how much Beijing needs to do to get back on an acceptable development path. The origins of these problems are reasonably straightforward and should be familiar to regular readers of this column. Beijing planted the seeds of this mess with years of excessive promotion for residential real estate deve...

Um den gesamten Artikel unter asia.nikkei.com zu lesen, klicken Sie bitte auf die Überschrift...