Published 3 years ago

Evergrande begins repaying investors with discounted properties

Summary by Reuters

China Evergrande Group kicked off a process on Saturday to repay investors in its overdue investment products with discounted properties, Bloomberg News reported on Saturday. Investors who opt for discounted real estate in lieu of cash can start contacting wealth managers for more details, the report said, citing a Wechat post by Evergrande's wealth division. (Reporting by Aishwarya

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Times of India

China's Evergrande starts repaying investors with discounted properties

Investors who opt for discounted real estate in lieu of cash can start contacting wealth managers for more details, Evergrandes wealth division said in a post on its Wechat account.

3 years ago·India

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Reuters

Evergrande begins repaying investors with discounted properties

- China Evergrande Group kicked off a process on Saturday to repay investors in its overdue investment products with discounted properties, Bloomberg News reported on Saturday. Investors who opt for discounted real estate in lieu of cash can start contacting wealth managers for more details, the report said, citing a Wechat post by Evergrande's wealth division. (Reporting by Aishwarya

3 years ago·United Kingdom

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Russia Today [🇷🇺-affiliated]

China’s cash-strapped developer Evergrande starts repaying wealth product investors with property

Chinese real estate developer Evergrande has reportedly begun repaying investors in its wealth management products with property, as the giant appeared to be on the brink of collapse.

3 years ago·Russian Federation

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Today

Evergrande begins repaying wealth product investors with property

BEIJING -Cash-strapped developer China Evergrande Group has begun repaying investors in its wealth management products with real estate, a unit of its main Hengda Real Estate Group Co Ltd unit said.

3 years ago·Singapore

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OAN

Evergrande begins repaying wealth product investors with property

September 19, 2021BEIJING (Reuters) -Cash-strapped developer China Evergrande Group has begun repaying investors in its wealth management products with real estate, a unit of its main Hengda Real Estate Group Co Ltd unit said.Evergrande, with over $300 billion in liabilities, is in the throes of a liquidity crisis https://www.reuters.com/business/exclusive-china-evergrandes-lenders-weigh-up-loan-losses-rolling-over-credit-2021-09-17 that has lef…

3 years ago·San Diego, United States

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Bloomberg Quint

Evergrande Starts Repaying Investors with Discounted Properties

(Bloomberg) -- China Evergrande Group kicked off a process on Saturday to repay investors in its overdue investment products with discounted properties.Continue Reading. Read more on OnWeb by BloombergQuint.

3 years ago·Mumbai, India

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