Definitions for evergrande
ev·er·grande

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1. Evergrande

   The China Evergrande Group is the second largest property developer in China by sales. It is ranked 122nd on the Fortune Global 500. It is incorporated in the Cayman Islands, a British Overseas Territory, and headquartered in the Houhai Financial Center in Nanshan District, Shenzhen, Guangdong Province, China. It was founded in 1996 by Xu Jiayin. It sells apartments mostly to upper- and middle-income dwellers. In 2018, it became the most valuable real estate company in the world.In 2021, the payments Evergrande had to make on its debt started the 2020–2022 Chinese property sector crisis; Evergrande's total debts were estimated in the hundreds of billions of dollars. This was one of the reasons for a drop in many stock market indices on September 20, 2021. At the end of 2021, the Chinese government was reportedly working to restructure Evergrande in order to resolve the crisis. The group also sought a moratorium on the early repayment option on one of its yuan-denominated bonds from its bondholders on 7 January 2022.In April 2022, Reuters reported that construction had been started again at many projects and that the company still had liabilities of US$300 billion.

How to pronounce evergrande?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say evergrande in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of evergrande in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of evergrande in Pythagorean Numerology is: 9

Examples of evergrande in a Sentence

1. Andrew Collier:

   The government has to some degree caused the problems at Evergrande.

2. Hui Ka Yan:

   With the company resuming construction work at full steam, China Evergrande Group plans to deliver 115 projects in December, with five days left this month, we must go all out to ensure we meet the goal of delivering 39,000 units this month.

3. Iris Pang:

   Most likely the government has to [ inject capital into ] Evergrande so that it can continue construction and then sell residential property units to get cash to repay debts, with government capital, it is likely that Evergrande could become [ a ] SOE or become part of the SOEs that could inject capital in Evergrande.

4. Michael James:

   But that overhead nervousness is still there, the Evergrande situation is still a black cloud hanging over global markets. Combine that with uncertainty with Fed commentary coming tomorrow, and there’s a reluctance to get overly aggressive on the long side.

5. Alexander Aitken:

   I can’t see there being much willingness to give a fairer outcome to offshore bondholders rather than onshore banks, let alone house buyers and people who have lent onshore through the personal loan structures, of course legally there is also structural subordination from being offshore, which means lenders to Evergrande’s onshore subsidiaries get paid before lenders to the parent company or any offshore debt issuer.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Evergrande