On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock

Country Garden, facing $192 billion worth of debt, is saddled with nearly 1 million unfinished homes in 3,121 projects spread across all of China's provinces

The struggling real estate giant posted a combined loss of $81 billion for 2021 and 2022, deepening investor doubts about the viability of the restructuring deal

The embattled property developer's overdue results showed steep losses and liabilities prompting some to question the viability of its restructuring plan

But some analysts warned the move that sparked the share price rebound won’t be enough to turn around the country’s crippled property sector

Two subsidiaries holding 47 property projects will be transferred in a cash boost for the electric vehicle unit of the ailing real estate giant

The debt restructuring plan has not proven popular with Evergrande dollar bondholders, with one likening it to lending a bucket of rice and then being repaid back with two grains

The restructuring, worth $22.7 billion, is just part of Evergrande‘s total liabilities that amount to more than $300 billion

Bondholders have also been pushing Evergrande Chairman Hui Ka Yan to put in more of his own money to repay debt

The world's most indebted property developer has been struggling to repay its many creditors, making this a 'crucial year' for debt repayment

The Peak district home has been reportedly seized by the China Construction Bank (Asia) in connection with an overdue Evergrande bond

The real estate group, struggling under about $300 billion of debt, bought the Wan Chai tower for HK$12.5 billion ($1.6 billion) seven years ago