restructuring

Ant-linked firms’ shares rise after news of Jack Ma ceding control; Alibaba jumps

Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant…

3 years ago

Credit Suisse pays down debt to calm investors

Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, an attempt by the Swiss bank…

3 years ago

Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7

Hong Kong's High Court approved on Monday an application by China Evergrande Group (3333.HK) and its major offshore credit group to adjourn…

3 years ago

China Evergrande to resolve $511 million trust loan with state help -sources

BEIJING/HONG KONG, March 22 (Reuters) - China Evergrande Group (3333.HK)plans to return land set aside for collateral for a trust loan…

4 years ago

China Evergrande braces for debt deadline after doubting ability to pay

After lurching from deadline to deadline, China Evergrande Group (3333.HK) is again on the brink of default, with pessimistic comments from the…

4 years ago

China’s Kaisa struggles for relief from bond holders as default risk looms

Chinese developer Kaisa Group Holdings Ltd (1638.HK) is unlikely to win bondholders' approval to extend the maturity of a $400 million bond…

4 years ago

Credit Suisse Chairman Horta-Osorio says big investors back overhaul

Credit Suisse's (CSGN.S) big shareholders back the scandal-hit bank's new strategy, Chairman Antonio Horta-Osorio told Swiss newspaper NZZ am Sonntag, adding the…

4 years ago