China Evergrande Group

Evergrande's core profit jumps 250% as property prices climb

(Aug 29): China Evergrande Group, the developer controlled by billionaire Hui Ka Yan, reported a 250% jump in core first-half profit as property sales soared and prices climbed.
From Bloomberg

The world's biggest stock rally loses steam

(Aug 8): It had to end sooner or later. After an almost 400% surge this year through late July that led an unprecedented rally among Chinese developers, China Evergrande Group shares are now leading the way down.

Global Markets

Great Wall's 21% jump shows risk of shorting stocks in Hong Kong

HONG KONG (June 13): Short selling can be a tough business, as those betting on declines in Hong Kong’s equity market are finding out.
Edgar “Injap” Sia

Property

Barbecue chicken seller turns tycoon with a 2,500% stock surge

MANILA (Feb 2): It’s been a fast ascent for college dropout Edgar “Injap” Sia, who less than a decade ago was selling barbecue chicken in the Philippines. He now leads the real estate developer with the best stock gains in Asia.

China Focus

China Evergrande to sell non-core assets worth 2.7 bil yuan

HONG KONG (Sept 28): China Evergrande Group, the nation's No. 2 real estate developer, said it was selling non-core assets including interests in grain, oil and dairy products for 2.7 billion yuan ($550.6 million), to enable it to focus on its propert

China Focus

Hostile raid on China’s biggest developer marks new takeover era

SINGAPORE (Aug 24): The long-running hostile raid on China’s biggest real estate developer isn’t short on drama: There’s a swashbuckling, Mount Everest-conquering company chief who courts controversy; a relatively unknown raider using leverage to in
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