News PwC China halts work on $140m campus amid fall-out from Evergrande audit Accountant PwC China has halted work on a $140m business campus in China after it was sanctioned by China’s Ministry of Finance, the Financial Times reports.
News Evergrande’s plans for world’s biggest football stadium to be scaled back A subsidiary of China State Construction (CSCEC) has taken over a football stadium project in Guangzhou from struggling developer Evergrande, news site Yicai reports. China Construction Fourth Engineering Division will…
News ‘Enough is enough’: Property giant Evergrande ordered to liquidate A judge in Hong Kong today ordered one of China’s biggest property developers, Evergrande, to liquidate in light of its more-than $300bn debt burden and failure to come up with…
News Evergrande boss loses homes worth $190m as company fights liquidation Two luxury homes in Hong Kong owned by Xu Jiayin, the chairman of beleaguered Chinese property developer Evergrande, have been seized by a creditor. Located in the upmarket Peak district,…