• 09/22/2024

Chinese police detain Evergrande employees after financial arm of indebted company fails to pay investors

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Evergrande Wealth Management staff arrested in Shenzhen two weeks after subsidiary of cash-strapped developer announces it is unable to make payments, but it is unclear what charges they face or if general manager Du Liang is among them.

https://www.scmp.com/news/china/article/3234853/chinese-police-detain-evergrande-employees-after-financial-arm-indebted-company-fails-pay-investors?utm_source=rss_feed