The Latest Breaking News from Evergrande

Evergrande unit initiates legal action against parent company in China's ongoing property debt crisis, signaling further challenges for Evergrande Group.

Zhongzhi Enterprise Group is one of China's largest shadow banks, which are financial institutions that operate outside of traditional banking rules.

Billionaire Adar Poonawalla is set to buy Aberconway House in the biggest deal of the year

Hong Kong court gives property developer until 29 January to formulate deal for creditors

Heavily indebted Chinese property giant Evergrande has until late January to put together a restructuring plan, a Hong Kong court ruled Monday, extending a deadline that could lead to its liquidation.

A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a restructuring plan, offering the embattled firm much-needed breathing room as it teeters on the brink of bankruptcy.

A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande's plans for restructuring its more than $300 billion in debts

But be wary of a hard landing narrative, warns one economist, as the risk of contagion pushes Beijing to offer stronger support for real estate.

Tens of millions of homes lie vacant across China following the country’s credit-fuelled construction boom.

China’s leaders are expected to search for ways to mend the country's fractured property market, create jobs for millions of unemployed youths and spur faster growth in a meeting that reportedly began Monday in Beijing

A Hong Kong court has adjourned a winding up hearing for property developer China Evergrande Group’s until Dec. 4