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China Evergrande lines up funds for interest payment to avert default — source

HONG KONG/SHANGHAI: China Evergrande Group has supplied funds to pay interest on a US dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline that would have seen the developer plunge into formal default. The person said Evergrande remitted $83.5 million to a trustee account at Citibank on Thursday as earlier reported on

China Evergrande shares, bonds slump as investor worries persist

China Evergrande shares, bonds slump as investor worries persist
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

Shares of China s Evergrande slump after sales of two realty projects suspended

Shares of China s Evergrande slump after sales of two realty projects suspended
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

China Evergrande slumps as investor worries deepen

China Evergrande slumps as investor worries deepen Reuters 19 hrs ago © Reuters/Bobby Yip FILE PHOTO: A logo of China Evergrande Group is displayed at a news conference on the property developer s annual results in Hong Kong SHANGHAI (Reuters) - Shares and bonds in China Evergrande, the country s most indebted developer, plunged for a second day on Tuesday, after sales of two real estate projects were suspended by local authorities, escalating worries over its financial health. Evergrande s Hong Kong-listed shares tumbled more than 13% to a fresh four-year low, following Monday s 16% plunge, while its bonds also dived, in onshore and offshore markets.

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