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  1. www.reuters.com › world › chinaHow Evergrande’s downfall signaled China’s property crisis

    Aug 31, 2023 · On Sunday, Evergrande reported losses of 33 billion yuan ($4.53 billion) for the first half of the year, versus a 66.4 billion yuan loss in the same period a year earlier.

  2. en.wikipedia.org › wiki › Evergrande_GroupEvergrande Group - Wikipedia

    The China Evergrande Group was a Chinese property developer, and it was the second largest in China by sales. [3] . It was founded in 1996 by Hui Ka Yan (Xu Jiayin). It sold apartments mostly to upper- and middle-income dwellers. [4]

  3. www.businessinsider.com › evergrandes-most-bizarre-holdingsEvergrande's Most Bizarre Holdings? Amusement Parks All Over ......

    Oct 5, 2021 · Real estate giant Evergrande has been building 15 amusement park projects across China, dubbed "Fairyland," that are meant to rival Disneyland.

  4. www.bbc.com › news › business-66540794Evergrande: The rise and fall of the property giant's billionaire...

    Sep 29, 2023 · Hui Ka Yan, the founder and chairman of Chinese property giant Evergrande, was once Asia's richest person. The 64-year-old, who is also known as Xu Jiayin, rose from a humble upbringing to head a...

  5. www.ft.com › content › 4a3cb4ac-8f75-45d5-ba70-66199baebcc3The foreign investors left stranded in Evergrande’s web of...

    5 days ago · Evergrande’s accounting for its revenues inflated them during 2019-2020, according to China’s financial regulator, which in May imposed a Rmb4.2bn fine on the group’s mainland entity and ...

  6. www.cnn.com › 2024/01/31 › businessEvergrande liquidation: Here’s what may happen next | CNN...

    Jan 31, 2024 · The liquidation of Evergrande as ordered by a court this week has raised more questions than answers about how the collapse of the poster child of China’s real estate crisis will affect...

  7. www.bbc.com › news › business-66229701Evergrande: Crisis-hit Chinese property giant reveals $81bn loss...

    Jul 18, 2023 · Crisis-hit Chinese property giant Evergrande has revealed that in 2021 and 2022 it lost a combined 581.9bn yuan ($81.1bn; £62bn).