BEIJING, Nov 3 ― Troubled Chinese developer Evergrande said today that it has delivered over 57,400 units to buyers between July and October, in a latest bid to calm worries over its liquidity crunch. As one of China's biggest property developers, fears around Evergrande's debt mountain have...
BEIJING, Nov 3 ― Troubled Chinese developer Evergrande said today that it has delivered over 57,400 units to buyers between July and October, in a latest bid to calm worries over its liquidity crunch.
But the firm has been trying to shore up confidence in recent weeks ― including meeting recent interest payments it had been expected to miss ― and said last month that work had resumed on over 10 stalled projects.
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