Tag: Evergrande

Evergrande Group venue dreams crash down

China Evergrande cancels stadium deal

The China Evergrande Group is cancelling a multibillion land contract with a local Government in the Southern Guangdong province of China at a substantial loss to overcome a liquidity crisis, ending a grandiose plan to build and own the world’s largest football stadium. ‘South China Morning... » Read more

Evergrande venue work to weather fiscal storm

Guangzhou stadium construction update Sept 2021

The real estate giant of China – Evergrande – is in a financial quagmire. Nevertheless, work on a China Evergrande Group (3333.HK) project in the Southern City of Guangzhou (China) to build one of the world’s largest soccer stadiums is proceeding “as normal” – the Guangzhou... » Read more

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