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China Evergrande Group
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China Evergrande Group

(恒大集团)

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China Evergrande Group
China Evergrande Group
恒大集团
News and analysis about China Evergrande Group, one of the country's biggest property developers by sales volume. Coverage includes Evergrande's real estate projects in mainland China and Hong Kong, as well as its forays into so-called new energy vehicles (NEVs), and its stake in the football club Guangzhou FC, known as the Guangzhou Evergrande Football Club until 2021.
Chairman / President
Yu Fachang
CEO / Managing Director
Lin Chun
CFO / Finance Director
Wong Chun Sek
Industry
Property
Website
ebchina.com
Headquarters Address
China Everbright Center, 25 Taipingqiao Avenue, Xicheng District, Beijing, China
Stock Code
SSE: 601818
SSE: 360013
SEHK: 6818
Year Founded
1990
A man walks past unfinished residential buildings developed by China Evergrande Group in the outskirts of Shijiazhuang, Hebei province, on February 1, 2024. Photo: Reuters
China property

Opinion | Why China won’t ban housing presales outright

Popular as the move might be, Beijing is trying to unwind the debt-fuelled property growth model without inviting another financial crisis.

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Mainland China

After Evergrande, new rules spark unease amid developers’ debt resolution

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Chinese Football Association (CFA)

China football talent left sat on sidelines as game is ruined, ex-captain Li says

Accounting and auditing

PwC International must face trial of Evergrande scandals claims: Hong Kong court

Liquidators seek claims of about 38 billion yuan from PwC International for Evergrande audit failures.

Signage appears on the Australian head office building of PWC in Australia. Photo: AP
Evergrande crisis

Editorial | China Evergrande founder’s fall a warning to private sector

Case serves as a stark lesson on the limits of corporate survival and the need for business integrity.

Evergrande crisis

Demise of Hui’s China Evergrande Group engulfs sports empire built on its fortunes

Ex-real estate giant’s forays into football, giant stadium, football school and volleyball matched its ambition – but then the money stopped.

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China stock market

Evergrande’s fine, China cuts US Treasury holdings: the numbers moving markets

CXMT’s valuation, Unitree’s listing surge and retirement expectations for Hong Kong’s wealthy are among stories leading this week’s market numbers.

Hui Ka-yan, the founder of China’s Evergrande Group, in court in Shenzhen on Thursday. Photo: Reuters
China property

Chinese court accepts Evergrande liquidation 1 day after founder’s sentencing

Decision of court in Guangdong province against developer’s main onshore unit Hengda Real Estate punctuates company’s long undoing.

SCMP Highlights

China’s ‘smart’ diabetes probiotics; life sentence for Hui Ka-yan: 7 highlights

From China beating US in dual-rocket recovery to Singapore head-patting row, here are highlights from SCMP’s recent reporting.

Evergrande crisis

Video | Evergrande boss Hui Ka-yan sentenced to life in jail

Hui ⁠Ka-yan given life sentence for ‘multiple combined crimes’ by court in Shenzhen.

CCTV
01:29
Evergrande crisis

Saga of China Evergrande founder Hui Ka-yan ends with life sentence

Sentence for ‘multiple combined crimes’ in Shenzhen court signals end of property sector’s ‘old‑era growth model’, analyst says.

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A court in Shenzhen has sentenced China Evergrande Group founder Hui Ka-yan to life imprisonment for “multiple combined crimes”, confiscating all Hui’s personal property. Photo: CCTV
Hong Kong courts

Evergrande liquidators challenge watchdog’s HK$1 billion settlement with PwC

Developer’s liquidators are seeking to have agreement with PricewaterhouseCoopers Hong Kong quashed on the grounds of an abuse of power.

China property

In Focus | Bottom fishers? Foreign funds’ moves on China property give hope for rebound

International capital is circling China’s property sector, testing valuations and chasing returns after years of strain.

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Hong Kong courts

Court rules Evergrande can recover HK$6b debt after ‘fabricated’ claims rejected

Debt stemmed from March 2021, when Evergrande subsidiary State Hero reached agreement to lend HK$5 billion to Yingjia International.

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The court dismissed an injunction application filed by Yingjia International Properties to restrain offshore entity State Hero Holdings from presenting a winding-up petition against it. Photo: Warton Li
China property

Opinion | Why China is untangling its banks from the property wreckage

Authorities are rewiring financial architecture to address the systemic risk, breaking the deep structural ties between property and banking.

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People look at a property model displayed at the China International Fair for Trade in Services, in Beijing on September 12, 2025. Photo: NurPhoto via Getty Images
Accounting and auditing

Auditors face harsher penalties as China intensifies anti-fraud campaign

Beijing’s draft amendment toughens rules and extends liability, after PwC’s Evergrande penalties underscore audit failures.

China property

Have China home prices hit bottom? Some buyers are hunting bargains

It’s a buyer’s market as signs of recovery in first-tier cities return bargaining power to home purchasers amid policy easing.

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SFC

China Evergrande liquidators seek judicial review of SFC agreement with PwC HK

Failed developer’s creditors have been made HK$1 billion worse off by the agreement, liquidators say.

Residents walk through a partially shuttered China Evergrande commercial complex in Beijing on January 29, 2024 - the same day the firm was ordered to liquidate by a Hong Kong court. Photo: AP
Accounting and auditing

Evergrande liquidators seek US$8.4 billion from PwC units in Hong Kong lawsuit

PwC International seeks removal from case as liquidators press claims against global arm as well as the Hong Kong and mainland China units.

Accounting and auditing

Hong Kong court to hear Evergrande liquidators’ lawsuit against PwC on Monday

PwC faces fresh legal battle after SFC ordered HK$1 billion payout to Evergrande minority shareholders and AFRC imposed HK$300 million fine.

Banking & finance

Hong Kong regulator now a ‘collection agent’ for wronged investors

SFC follows international peers by pursuing compensation for victims rather than fines in some cases of securities misconduct.

Illustration: Henry Wong
China property

China’s bond market faces climbing re-defaults as property crisis drags on

Re-defaults erode credit differentiation as homebuyer confidence weakens under slow income growth and high leverage, analysts warn.

An abandoned Evergrande construction project is seen in Fuyang city, China’s eastern Anhui province, on April 14. Photo: AFP
China GDP

Guangdong’s rule as China’s GDP king faces an unprecedented threat to the crown

A rival provincial powerhouse, with a GDP as big as some G7 nations, is becoming a hub for strategic emerging sectors while outpacing the national economic growth rate.

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Accounting and auditing

PwC to pay US$128 million to Evergrande minority shareholders over audit failures

Settlement marks first time auditors of a defunct firm compensate minority shareholders over misleading financial statements.

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China property

Tycoon Pan Shiyi slams China property ‘Ponzi’ as Evergrande boss pleads guilty

Writing from US in a since-deleted post, Soho China founder warns that property recovery is impossible without buyer trust, as new data shows home sales still plunging.

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An abandoned Evergrande construction project is seen on Tuesday in China’s Anhui province. The founder of the Chinese property giant has pleaded guilty to charges of fraud and bribery, a court said on Tuesday. Photo: AFP
Evergrande crisis

Founder of China’s Evergrande Group Hui Ka-yan pleads guilty in fraud trial

Milestone in downfall of company that was once the world’s largest developer is unlikely to move the market, analysts say.

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Hui Ka-yan, then-chairman of China Evergrande Group, attends the company’s 2017 results meeting at the Four Seasons Hotel in Hong Kong. Photo: David Wong
China property

Sofa so bad: China’s home-furnishing sector hits a do-or-die stretch

Falling home prices and relentless price competition are forcing small decor firms into a battle for survival.

China's economic recovery

China’s manufacturing powerhouse cuts 2026 GDP growth target after missing mark

Guangdong province, an industrial behemoth hit by property and global headwinds, shifts focus in a strategic pivot amid national reforms.

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