China Evergrande shares firm after chairman vows full construction, no fire sales


HONG KONG: Shares of China Evergrande Group jumped on Thursday after the chairman of the world's most indebted property developer said it would resume construction, and ruled out fire sales.

Evergrande, with more than $300 billion in liabilities, including nearly $20 billion international bonds deemed to be in default, has been struggling to repay creditors, suppliers, and deliver homes.

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