Evergrande denies rumours of bankruptcy and reorganisation after weekend of protests at offices across China

Heavily indebted developer China Evergrande Group denied rumours of bankruptcy and reorganisation late on Monday, after rallies were staged at its offices over the weekend by investors that hold its wealth management products.“The company has indeed encountered unprecedented difficulties, but we are assuming corporate responsibility and going all out to resume production and deliver buildings. We are doing everything possible to resume normal operations and fully protect the legitimate rights…

Evergrande denies rumours of bankruptcy and reorganisation after weekend of protests at offices across China
Heavily indebted developer China Evergrande Group denied rumours of bankruptcy and reorganisation late on Monday, after rallies were staged at its offices over the weekend by investors that hold its wealth management products.“The company has indeed encountered unprecedented difficulties, but we are assuming corporate responsibility and going all out to resume production and deliver buildings. We are doing everything possible to resume normal operations and fully protect the legitimate rights…