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作成日: 2023/08/28 19:32

更新日: 2025/12/09 00:30

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Chinese real-estate developer Evergrande Group has reported net loss for the January-to-June period is about 33 billion yuan, or about 4.5 billion dollars.
                
The company filed for Chapter 15 bankruptcy protection with a US court earlier this month. It went into default after the Chinese government tightened restrictions on the property sector.
                
Evergrande still appears to have many challenges ahead.  It racked up a total of over 75 billion dollars of net losses during 2021 and 2022. The company also reports total liabilities to the end of June 2023 at nearly 2.4 trillion yuan, or over 327 billion dollars.
                
The developer has been seeking ways of rebuilding its business since its bankruptcy filing.
                
Trading of the firm&#039;s shares resumed on Monday on the Hong Kong Exchange after a 17-month-long suspension. The company said on Friday it had &quot;adequately&quot; fulfilled exchange guidance issued by the exchange.
                
Evergrande&#039;s negotiations with creditors are expected to proceed with difficulties. Tight conditions will likely continue for the company as China&#039;s real-estate market remains sluggish.

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