The Vertex, a 414-unit residential development by China Evergrande in Cheung Sha Wan, is slated to be completed in the fourth quarter. Photo: Edmond So The Vertex, a 414-unit residential development by China Evergrande in Cheung Sha Wan, is slated to be completed in the fourth quarter. Photo: Edmond So
The Vertex, a 414-unit residential development by China Evergrande in Cheung Sha Wan, is slated to be completed in the fourth quarter. Photo: Edmond So

Evergrande resolves debt dispute with Guangfa Bank after Hong Kong lenders withdrew mortgage loans to its apartment buyers

  • Guangfa won a court order freezing US$20 million of Evergrande’s assets in China this month
  • Dispute wiped US$2.7 billion off Evergrande’s market capitalisation on Monday

Topic |   Banking & Finance
The Vertex, a 414-unit residential development by China Evergrande in Cheung Sha Wan, is slated to be completed in the fourth quarter. Photo: Edmond So The Vertex, a 414-unit residential development by China Evergrande in Cheung Sha Wan, is slated to be completed in the fourth quarter. Photo: Edmond So
The Vertex, a 414-unit residential development by China Evergrande in Cheung Sha Wan, is slated to be completed in the fourth quarter. Photo: Edmond So
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