The embattled Chinese developer is attempting to strike an agreement with international creditors
The developer lost the 2.2m sq ft plot after defaulting on debts
Hui Ka Yan was apparently behind the deal to buy the £210m 2-8a Rutland Gate
The Hong Kong watchdog will focus on a $2bn loan from Evergrande Property Services
The indebted developer bought the tower for $1.6bn in 2015, but is expected to get just $1.15bn
The petition was filed by one of its creditors over a $100m debt
Hong Kong stock exchange has given the developer until September 2023 to resume trading
The sale of its $575m stake in Hangzhou’s Crystal City Project will not help offshore investors
International bondholders say they were blindsided, adding: “The atmosphere is one of boiling blood”
International investors had hoped to recoup some losses but are now waiting for delayed audit
The real estate developer is expected to release “inside information” this week regarding its plans
China’s economic tsar, vice premier Liu He, says the government must reduce risks in the industry