Evergrande debt setback, Oceanwide blow rattle China property stocks
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WATCH; Evergrande says it will work to fully meet regulators’ requirements after the developer was told to resolve its debt risk. Stephen Engle reports.
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16 reactions · 20 shares | China Evergrande Group, the world's most indebted property developer, is seeking to avert a potentially imminent liquidation with a last-minute debt restructuring proposal, three people with direct knowledge of the matter said https://reut.rs/47XChXs | Reuters | Facebook
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1.2K views · 38 reactions | Mainland developer China Evergrande Group has sought bankruptcy protection in the United States. The filing will provide temporary relief as the group looks to restructure its US$330 billion debt. | HOY International Business Channel | Facebook
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