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Unit of Chinese real estate giant Evergrande ordered to pay $1 1 billion - AFR | Online Free Press release news distribution

A unit of embattled Chinese developer Evergrande has defaulted on its loans and must pay a $1.1 billion guarantor, the company said in a Hong Kong IPO filing.

Hong kongHui ka yanGavekal dragonomic andrew bastonShengjing bankEvergrande group nanchangEvergrande group

Unit of Chinese property giant Evergrande ordered to pay USD1 1B

Unit of Chinese property giant Evergrande ordered to pay USD1 1B
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Hong kongGavekal dragonomicsHui ka yanAndrew batsonShengjing bankEvergrande group nanchangEvergrande group

Unit of Chinese property giant Evergrande ordered to pay $1 1 billion

A unit of embattled Chinese developer Evergrande has failed to repay its loans and must pay a guarantor $1.1 billion, the company said in a Hong Kong stock exchange filing.

Hong kongGavekal dragonomicsHui ka yanAndrew bastonShengjing bankEvergrande group nanchangEvergrande group

China property stocks extend fall on sales slump, Evergrande

There could be more winding-up petitions if Evergrande drags the process further.

Eli kaiShu hui woonChina real estate information corpShengao fund management coCountry garden holdings coChina evergrande groupShengjing bank coGuangzhou rf properties coBloomberg intelligenceCountry garden holdingsBeijing shengao fund managementChina real estate information

Chinese developer Evergrande s unit ordered to pay out US$1 1bil

HONG KONG: Struggling developer China Evergrande Group said on Sunday that one of its subsidiaries, Evergrande Group (Nanchang) Co, Ltd, had been ordered to pay a guarantor 7.3 billion yuan ($1.08 billion) for failing to honour its debt obligations.

Hong kongShengjing bank co ltdEvergrande group nanchang co ltdChina evergrande groupEvergrande groupCorporate news

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