The entrance to China Evergrande’s offices in Wan Chai, Hong Kong. Photo: Bloomberg The entrance to China Evergrande’s offices in Wan Chai, Hong Kong. Photo: Bloomberg
The entrance to China Evergrande’s offices in Wan Chai, Hong Kong. Photo: Bloomberg

As Evergrande trims offshore debt and rebuilds investor confidence, SMEs and banks are overlooked in payment queue

  • Analysts say local banks and SMEs are high up in the pecking order, even as state regulators have not openly expressed their preferences
  • Evergrande’s unpaid dues to its small contractors went viral on social media earlier this year, even when it was able to prepay offshore bondholders

Topic |   China property
The entrance to China Evergrande’s offices in Wan Chai, Hong Kong. Photo: Bloomberg The entrance to China Evergrande’s offices in Wan Chai, Hong Kong. Photo: Bloomberg
The entrance to China Evergrande’s offices in Wan Chai, Hong Kong. Photo: Bloomberg
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