Global EditionASIA 中文双语Fran?ais
Home / Business / Companies

凯博流水:Evergrande denies bankruptcy, reorganization rumors | Updated: 2021-09-14 14:33 极速六合彩免费注册
Share - WeChat
China Evergrande Group's booth is seen during a high-tech expo in Shanghai in March. [Photo provided to China Daily]


China Evergrande Group, one of the country's leading developers, has denied rumors about its bankruptcy and reorganization, claiming they were "totally untrue", Beijing Daily reported.

At present, Evergrande did face unprecedented difficulties, but it will fulfill its responsibilities for its enterprises, resume work, production and normal operation, and safeguard customers' legitimate rights and interests, the company said in a statement on its website late Monday night.

In another separate statement filed with the Hong Kong stock exchange on Tuesday, Evergrande said two of its subsidiaries had failed to discharge guarantee obligations for 934 million yuan worth of wealth management products issued by third parties.

That could "lead to cross-default", which would "have a material adverse effect on the group's business, prospects, financial condition and results of operation."

In order to solve the repayment problem in wealth management products, Evergrande provided three solutions for investors, including cash payment by installments, and using housing, apartments, office buildings, shops and parking spots as repayment assets.

Evergrande Group Chairman Xu Jiayin said last week the company will ensure the repayment of due wealth management products as soon as possible, and "not a penny less".

Shares of the company fell nearly 9 percent early on Tuesday, and its shares fell 11.57 percent or HK$0.39 to trade at HK$2.98 at 2 pm.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
皇浦真钱投注 正规新世纪娱乐网址 蓝博娱乐棋牌天天洗码 盛峰娱乐官网开户 极速六合彩免费注册
菲律宾申博美女荷官现金 多宝1倍打码即可出款 tt捕鱼在线 威尼斯人代理首页 申博太阳城现金充值
和记上注册 新博娱乐开户网站 太阳城亚洲在线网 添运游戏电子优惠送不停 ag集团手机客户端下载
杏彩游戏下载官方 申博138介绍 菲律宾太阳城登入 菲律宾申博在线登入 申博亚洲太阳城娱乐登入