Real estate

Organizations

• China Evergrande GroupChina. 3 claims, 3 cases.

Claims

• Supported1
• Outdated1
• Unverifiable1

• Outdated83
  Evergrande announced in March 2023 an offshore debt restructuring plan giving creditors options to swap debt into new bonds and equity-linked instruments.
  China Evergrande GroupPress report, 25 August 20253 records citedCorporate status
• Supported89
  The CSRC said Hengda Real Estate inflated revenue and profit in 2019 and 2020 by recognising income early, making its bond issues fraudulent and its annual reports false.
  China Evergrande GroupRegulator statement, 31 May 20243 records citedAccounting
• Unverifiable44
  A March 2024 CNN headline asked whether Evergrande's case was the biggest fraud in Chinese history, and the article called it the country's biggest ever financial fraud case.
  China Evergrande GroupPress report, 19 March 20241 record citedFraud