Evergrande chairman seeks to soothe Chinese investors as payment looms


Analysts say a default on its bonds may be the final blow in Evergrande Group's fight to stay afloat - AFP

BEIJING (The Straits Times/Asia News Network): The world’s most indebted developer Evergrande Group said it will prioritise its home buyers and retail investors as it faces payment on some of its offshore bonds on Thursday (Sept 23).

Investors and markets are watching closely to see how regulators in China will respond to the Chinese developer’s liquidity crisis.

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China , Evergrande , repay , investors

   

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