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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
Li Weifeng (right) played for his country for 11 years and was a member of the only squad to reach a World Cup. Photo: AP
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Former international Li Weifeng takes aim at the ‘social influence’ he says stops best people from being in position to improve things.

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

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

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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.

Guangzhou Evergrande celebrate after winning their record eighth Chinese Super League title in 2019. Photo: Xinhua
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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.

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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.

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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.

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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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.

The Securities and Futures Commission has defended its settlement with PwC Hong Kong. Photo: Yik Yeung-man
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In Focus | Bottom fishers? Foreign funds’ moves on China property give hope for rebound

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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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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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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.

A draft amendment to the Certified Public Accountants Law is set for a second reading at the 23rd session of the Standing Committee of the 14th National People’s Congress. Photo: Xinhua
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Suzhou Creek in Shanghai, where new home prices inched 0.2 per cent higher in May and second-hand home sales hit a five-year high in March with more than 31,000 properties changing hands. Photo: Getty Images
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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.

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.

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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.

The one-day hearing against PwC is open to the public. Photo: Andy Wong
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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.

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

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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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A crane lifts a container at a port this month in China’s Jiangsu province, which has been threatening to end Guangdong’s uninterrupted reign as the nation’s largest provincial economy since the late 1980s. Photo: China Daily via Reuters
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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Evergrande Group logos are seen on apartment buildings in Nanjing, China’s eastern Jiangsu province on August 25, 2025. Photo: AFP
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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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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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Sofa so bad: China’s home-furnishing sector hits a do-or-die stretch

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China’s furnishing malaise is couched in weaker property demand and a brutal race to the bottom on prices. Photo: Reuters
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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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Employees work on a production line for an electric flying car at a factory in Guangzhou, Guangdong province, on November 6. Photo: AFP
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Mainland China’s home prices extend slide, deepening property downturn

New home prices fall again in December, with declines across most cities, as second-hand values plunge year on year.

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China property

China’s developers diminish further amid unending property downturn

Only 10 developers manage to break US$14 billion in 2025 sales, down from 43 in 2020.

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