Wealth and Asset Management
Evergrande crisis: developer revises payment plan for wealth management investors as debt deadlines pile up
Embattled China Evergrande Group announced a new plan to repay investors in its wealth management products, in a move designed to reduce the number of individuals exposed to its debt crisis. Evergrande Wealth Management said on Friday it will pay principal first on the overdue products, with all investors receiving…
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Click here to read the full story: South China Morning Post