Troubled property giant China Evergrande abandons $3.6b sale of stake in key asset

Post author By New Zealand Blog News Service
Post date October 20, 2021

Teetering Chinese property giant China Evergrande formally has abandoned plans to sell a $3.61 billion stake in one of its key units.

Tory Whanau may have to sell Wellington mayoralty to make ends meet September 20, 2024
Tory Whanau has revealed that she’s struggling so much financially that she may have to part with her beloved mayoralty, that of New Zealand’s capital city, if she’s to fund her ever-diminishing lifestyle. Whanau was elected to lead Wellington in 2022, winning an overwhelming victory against the incumbent mayor: the evil version of Jason Gunn. […]
Ben Uffindell
Ukrainian militia receives defective shipment of pagers that just send and receive messages September 18, 2024
There’s been a major setback for one Ukrainian-backed militia on the Russian border, after the group ordered a large shipment of pagers to use as improvised explosive devices. The plan was to litter the pagers throughout abandoned homes and buildings in hopes of wounding Russian soldiers. But upon arrival of the shipment, routed through the […]
Ben Uffindell
Government directs Te Puni Kōkiri to conduct Māori Language Week in English September 17, 2024
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Ben Uffindell
Government celebrates fact that New Zealand’s healthcare is so good people are queuing up for it at 5am September 17, 2024
At yesterday’s post-cabinet press conference, Prime Minister Christopher Luxon, flanked by his Health Minister Shane Reti and someone we can’t independently verify was a real sign language interpreter, announced that he had some positive news for the country. “Alright team, I’m just going to hand over to uh, Dr. Shane, because I think he’s got […]
Ben Uffindell
Heartwarming: Thoughtful driver uses indicator to tell you what they’ve just done September 17, 2024
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Ben Uffindell
NPC teams will now be allowed to actually use the Ranfurly Shield in play September 17, 2024
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Ben Uffindell
Police say they won’t respond to bomb threats anymore as ‘it’s never anything’ September 16, 2024
Police Commissioner Andrew Coster says that New Zealand’s police force will no longer respond to bomb threats, in an attempt to cut costs and redirect police resources to less boring activities. Coster said that threat response and bomb disposal was a “fairly obvious” area for downsizing, as bomb threats are “never anything”, a “huge waste […]
Ben Uffindell
Air New Zealand flight attendant named CEO after one year on job November 30, 2021
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Ben Uffindell
National Party board denies it unanimously agreed to Collins’ Faustian bargain with Satan November 26, 2021
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Ben Uffindell
Super Saturday recap: Patrick Gower doesn’t know what he’s supposed to do October 16, 2021
It was Aotearoa’s first national day of action in over ten years, the first since 2010, when Prime Minister John Key tried to inspire us to clean up our nation’s berms. It didn’t work. Today, New Zealand’s berms are worse than ever. But history is not destiny, and other cliches. Today, we tried again, this […]
Ben Uffindell

Billy’s namesake approves July 5, 2025
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Philip Chandler
Texas flash floods leave 13 dead, dozens missing July 4, 2025
First responders survey rising flood waters of the Guadalupe River after flash flooding in Kerr County, Texas. Photo: ABC Affiliate KSAT via REUTERS Torrential rains have unleashed deadly flash floods along the Guadalupe River in south-central Texas, killing at least 13 people and initially leaving nearly two-dozen girls missing from a riverfront summer camp, local […]
Hamas submits 'positive' response to ceasefire deal July 4, 2025
Mass destruction caused by Israeli bombing in northern Gaza. Photo: Reuters Hamas said it had responded on Friday in "a positive spirit" to a US-brokered Gaza ceasefire proposal and was prepared to enter into talks on implementing the deal, which envisages a release of hostages and negotiations on ending the conflict.
Lawson records two top tens in British GP practice July 4, 2025
RB's Liam Lawson during practice at Silverstone for the British GP. Photo: Reuters New Zealand driver Liam Lawson has finished in the middle of the pack in the opening two practice sessions for Monday's British Grand Prix.
Two killed in separate overnight crashes July 4, 2025
Two people have died after separate crashes on Friday night.
Holland ready to take on France July 4, 2025
REPORT: LAINE PRIESTLEY / PHOTO: PETER MCINTOSH Say cheese! New All Blacks lock Fabian Holland poses for a selfie with fans (from left) Georgia, 10, Ali and Kiera Shallue, 14, all of Winton, and (front) Paula Powlesland, of Wellington, at the captain’s run at Forsyth Barr Stadium yesterday.
Laine Priestley
Minister weighs in on sewage stoush July 4, 2025
Surrey Street Flood Action Group convener Lynne Newell has gone to the Ombudsman to demand enforcement action against the Dunedin City Council. PHOTO: STEPHEN JAQUIERY Health Minister Simeon Brown has waded into the sewage stoush between South Dunedin residents and the city council.
Mary Williams
GP must pay $65k for prescribing Ivermectin July 4, 2025
Sophie Jane Febery. PHOTO: SUPPLIED A Southland doctor has been forced to pay more than $65,000 after she admitted importing and administering Ivermectin during the height of the Covid pandemic.
Matthew Littlewood
‘Chaos’ on road before fatal head-on crash July 4, 2025
A fatal crash closed State Highway 8 near Roxburgh yesterday. PHOTO: JULIE ASHER A motorist travelling from Queenstown to Dunedin said it was "just chaos" on the road moments before a head-on crash between a car and a truck ended in a fatality.
Laine Priestley
Test fever rises as fans show love for All Blacks July 4, 2025
A Dunedin rugby fan is hanging out for an All Blacks win tonight, because "who doesn’t love to beat the French?"
Laine Priestley

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