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Current and former Evergrande execs face probe

Multiple current and former executives of China Evergrande Group and its subsidiaries have been swept up in investigations as authorities look into whether the embattled conglomerate has violated rules over the use of funds, according to sources with knowledge of the matter, reports Caixin. Pan Darong, a previous chief financial officer of the group, has… ....

Xia Haijun , Pan Darong , China Evergrande Group , Hong Kong Listed Evergrande , Evergrande Financial Wealth Management ,

China Evergrande: Shares plunge 25% after police action revealed

Shares in crisis-hit China Evergrande have plunged by up to a quarter after the apparent detention of staff by police. The company, which is the world's most indebted property developer, has been at the centre of a financial crunch covering the wider real estate sector in China since 2021. Shares opened 25% lower in Hong Kong on Monday following the release of a statement by police in the southern city of Shenzhen over the weekend that revealed apparent action against a senior figure within Evergrande's wealth management arm, Du Liang, and others. ....

Du Liang , Hong Kong , Hargreaves Lansdown , Evergrande Financial Wealth Management Co , China Evergrande , Financial Crunch , Evergrande Financial Wealth Management ,

China's Embattled Property Developer Evergrande Falls In Deeper Pit: Police Detains Wealth Management Staff - China Evergrande Gr (OTC:EGRNF)

Following China Evergrande Group's (OTCEM:EGRNF) inability to repay investors, Chinese authorities have taken certain employees from the company's wealth management division into custody.  ....

Du Liang , Evergrande Financial Wealth Management Co , China Evergrande Group , Following China Evergrande Group , Evergrande Financial Wealth Management , Evergrande Wealth ,

Evergrande wealth management staff detained amid ongoing debt crisis

Evergrande wealth management staff detained amid ongoing debt crisis
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Du Liang , Krung Thep Mahanakhon , China Evergrande Group , Evergrande Financial Wealth Management Co , Shenzhen City Police , Architecture Hub , Evergrande Group , City Police , China Evergrande , Evergrande Financial Wealth Management , Country Garden ,