Evergrande Real Estate, the mainland's biggest property developer by area sold last year, is seeking to raise as much as US$580 million through a share placement after its strong performance in recent months.Thursday, 17 January, 2013, 4:19am
Evergrande Real Estate, the second-largest mainland developer by sales, has reported accusations made against it by United States-based short seller Citron Research to the Hong Kong police.
A source close to the company said Evergrande executive director and vice-president Lai Lixin, accompanied by a lawyer, reported the case to the Commercial Crime Bureau yesterday.5 Jul 2012 - 12:00am
Standard & Poor's Ratings Services has downgraded its outlook for mainland developer Evergrande Real Estate from stable to negative, noting the group may face a tougher refinancing environment following allegations of fraud by Citron Research.30 Jun 2012 - 12:00am
Evergrande Real Estate, the second-largest mainland developer by sales, tumbled yesterday on accusations that it had fabricated its books and asset value.22 Jun 2012 - 12:00am
Unsuccessful initial public offering candidate Evergrande Real Estate, a Guangzhou-based developer that dropped a plan to raise US$2.12 billion in Hong Kong, hopes to raise US$400 million from private equity firms and hedge funds via a private share placement, sources said.31 Mar 2008 - 12:00am