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. Investors interested in redeeming wealth management products for physical assets should contact their investment consultants or visit local offices, a unit of the company’s main Hengda Real Estate Group Co Ltd unit said in a WeChat post dated Saturday. The embattled corporation reportedly has an estimated 40 billion yuan ($6 billion) in outstanding Evergrande wealth management products. Also on rt.com
Hence then, the article about china s cash strapped developer evergrande starts repaying wealth product investors with property was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( China’s cash-strapped developer Evergrande starts repaying wealth product investors with property )