EGRNF – The News Desk

China Evergrande's First-Half Net Loss Narrowed

28Aug

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World

China Evergrande's First-Half Net Loss Narrowed

China Evergrande Group, the world’s most indebted developer, narrowed its first-half loss significantly mainly due to an absence of impairment loss on investments.

China Evergrande's Losses Sharply Narrowed in 2022

17Aug

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World

China Evergrande's Losses Sharply Narrowed in 2022

UPDATED: China Evergrande Group, the world’s most indebted developer, narrowed its losses significantly in 2022 as it clawed its way back to the business of selling properties and reined in costs.

China Evergrande New Energy Vehicle Shares Gain on $500 Mln Investment

15Aug

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World

China Evergrande New Energy Vehicle Shares Gain on $500 Mln Investment

Shares of China Evergrande New Energy Vehicle Group rose after Dubai-based mobility and green-energy company NWTN agreed to make a strategic investment of US$500 million.

Chinese Property Giant Sends Another Distress Signal

11Aug

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World

Chinese Property Giant Sends Another Distress Signal

Country Garden is warning of a record loss, saying the developer has been attempting a ‘self-rescue.’