BEIJING: Six executives of China's heavily indebted Evergrande had redeemed some of the company's investment products in advance earlier this year, the property group said on Saturday .
"Regarding the early redemption of Evergrande wealth investment products by some managers, the group company views the matter seriously," the company said. Evergrande, with more than US$300 billion in liabilities, is in the throes of a liquidity crisis that has left it racing to raise funds to pay its many lenders and suppliers.
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Evergrande says six execs redeemed investment products in advanceBEIJING : Six executives of China's heavily indebted Evergrande had redeemed some of the company's investment products in advance earlier this year, the property group said on Saturday. Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said in a sta
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Evergrande says six executives redeemed investment products in advanceBEIJING: Six executives of China\u0027s heavily indebted Evergrande had redeemed some of the company\u0027s investment products in advance earlier this year, the property group said on Saturday (Sep 17). Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said i
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Evergrande says six executives redeemed investment products in advanceBEIJING: Six executives of China\u0027s heavily indebted Evergrande had redeemed some of the company\u0027s investment products in advance earlier this year, the property group said on Saturday (Sep 17). Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said i
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »