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Evergrande chairman detained for ‘crimes’; Troubled developer’s founder is placed under ‘mandatory measures’ on mainland as shares of debt-hit firm and subsidiaries are suspended

Authors :
Li, Jiaxing
Ao, Yulu
Bray, Chad
Source :
South China Morning Post (Hong Kong). September 29, 2023
Publication Year :
2023

Abstract

China Evergrande Group said its chairman and founder Hui Ka-yan has been placed under so-called “mandatory measures” due to “suspicion of illegal crimes”, hours after the troubled mainland property developer [...]

Details

Language :
English
ISSN :
10216731
Database :
Gale General OneFile
Journal :
South China Morning Post (Hong Kong)
Publication Type :
News
Accession number :
edsgcl.767067346