'Evergrande return our money!' Investors protest at office of Chinese developer


GUANGZHOU: Investors in financial products issued by China Evergrande Group protested outside the cash-strapped company's offices in Guangzhou on Tuesday, with many worried that their returns would be sacrificed to keep real estate projects afloat.

Members of the crowd of roughly 100 people shouted "Evergrande, return our money!", reprising a chant used by disgruntled investors and suppliers last autumn as the deterioration in its financial position became apparent.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China Evergrande , wealth management

Next In Business News

Trading ideas: Chin Hin, Citaglobal, ES Sunlogy, Malton, MCE, Orkim, Pan Merchant, Perdana, Ramssol, RHB, Vantris, Willowglen, BCorp, Dnex, PPB, SRKK
Kelington expands collaboration with PETRONAS CCS Solutions
IOI profitability set to improve
Bus Cap rises on ACE Market debut
Perdana Petroleum bags RM136mil jobs
Willowglen wins RM47mil contracts in Singapore
Matrix Concepts unveils scholarship programme
Yeoh brothers lead Concrete Engineering
Citaglobal bags RM38mil Penang LRT job
YLI Holdings disposes of industrial land for RM29mil

Others Also Read