The developer will issue 870 million new shares, or 3.6% of the enlarged share capital, at HK$3.25 each, to professional and institutional investors in the share sale
The fund has an initial $12bn from China Construction Bank and the PBOC to buy and complete unfinished projects. More insights are expected when Evergrande releases its debt plan this week
Angry homebuyers have resorted to physical protests as well as a threatened boycott of mortgages due to hundreds of unfinished housing projects
Defectors and other North Koreans say unreliable electricity and water supply, and concerns about workmanship mean few people want to live near the top of tall buildings
China's 30th largest developer by sales has seen its shares seesaw. The stock rose as much as 12% on Tuesday after a 13% drop on Monday
Country Garden Real Estate Group, Chongqing Longhu Enterprise Development and China Overseas Enterprise Development plan to sell bonds to raise a combined 18 billion yuan ($2.83 billion)