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The Guardian - Back to homeThe Guardian

Evergrande

March 2024

  • Hui Ka Yan in front of a picture of skyscrapers

    Evergrande: Chinese firm and founder fined over $78bn fraud claims

    Property developer fined $580m and its chairman, Hui Ka Yan, fined $6.5m for allegedly falsifying its revenues

January 2024

  • Broken furniture is seen outside an abandoned Evergrande commercial complex in Beijing

    Evergrande collapse means foreign investors in China face even greater uncertainty

    Thousands of homebuyers who have paid deposits for homes in China could find their nest eggs at risk after liquidation order
  • A woman walks next to an Evergrande housing complex in Beijing, China.

    Evergrande collapse: Hong Kong court orders liquidation of China property giant

    Judge says ‘enough is enough’ after developer, which has $300bn in debt, fails to provide convincing restructuring plan
  • Xi Jinping sat at a desk with the Chinese flag behind him

    Xi Jinping says Chinese business having ‘tough time’ in new year message

    Recovery of world’s second-biggest economy held back by severe property slump and lacklustre global demand

December 2023

  • A woman walks at Evergrande city plaza in Beijing, China.

    China’s Evergrande wins more time to restructure debts

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

October 2023

  • AN Evergrande Real Estate Community in Huai 'an.

    Evergrande, the ‘runaway’ developer that could become a wrecking ball for China’s economy

  • An Evergrande sign near a residential complex in Beijing, China

    Evergrande shares soar as trading in crisis-hit China firm resumes

September 2023

  • man in suit

    Evergrande founder ‘being investigated for suspected crimes’

    Chinese group’s statement about chair Hui Ka Yan piles on the woe for once top-selling property developer
  • Evergrande building site

    Evergrande halts share trading as woes mount for China property giant

    Suspension comes a month after developer resumed trading and follows its chair reportedly being put under police surveillance
  • China Evergrande logo

    Evergrande arrests: China police detain staff at property giant’s wealth management arm

    Police do not list charges against arrested workers but urge public to report any suspected fraud

August 2023

  • Yang Huiyan

    Yang Huiyan: Country Garden owner who was once Asia’s richest woman

  • An Evergrande residential area in Nanjing, China

    Evergrande shares plunge further amid China economy fears

  • The Country Garden logo on top of a building in Zhenjiang in China's eastern Jiangsu province

    China’s property crisis deepens with developer Country Garden at risk of default

  • The headquarters of China’s Evergrande Group in Shenzhen

    China’s struggling property giant Evergrande files for bankruptcy protection in US

April 2023

  • Four photos of Britain's most expensive house, 2-8a Rutland Gate in Knightsbridge, London, in a grid, all brightly coloured like Andy Warhol's screen prints

    ‘This is where people with staggering wealth end up’: who will buy Britain’s most expensive house?

    2-8A Rutland Gate in Knightsbridge, London is on the market again – yours for just £200m. The story of the mansion – which has been empty for years – is a lesson in how London has been captured by the super-rich

October 2022

  • The mansion at 2-8a Rutland Gate

    Yours for £200m? UK’s most expensive house goes up for sale, again

    Seven-storey Knightsbridge property overlooking Hyde Park has more living space than American football pitch

September 2022

  • Under-construction apartments in the Shekou area of Shenzhen, Guangdong province, China, last November.

    A Ponzi scheme by any other name: the bursting of China’s property bubble

    Only state intervention can save the day, but the pain is likely to fall on ordinary citizens, say observers
  • China Evergrande Centre, Hong Kong

    Evergrande lenders appoint receiver to seize Hong Kong HQ – sources

    Crisis at debt-laden Chinese property developer deepens in wake of default last year and failure to sell building
  • The Affinity V in the Suez Canal after it was refloated by tug boats.

    Suez Canal briefly blocked again after another ship, Affinity V, becomes stuck

    Tanker blocked canal for hours, close to where Ever Given container ship became stuck, disrupting supply chains for a week

August 2022

  • Chinese premier Li Keqiang visiting Yantian Port, where he addresses assembled workers.

    Growing pains: China’s faltering economy tests leadership’s nerve

    Beijing is in a bind over harsh Covid lockdowns, a property crisis and tensions with western trading partners
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