The dial-back of the earlier plan is seen as an attempt to reduce the exposure of Evergrande’s debt woes to smaller investors. Photo: Reuters
The dial-back of the earlier plan is seen as an attempt to reduce the exposure of Evergrande’s debt woes to smaller investors. Photo: Reuters

Evergrande crisis: developer revises payment plan for wealth management investors as debt deadlines pile up

  • Evergrande Wealth Management says it will pay investors 8,000 yuan (US$1,259) each for December, January and February
  • Under the revised plan for the wealth management products, all interest payments will be paused from today.

Topic |   Evergrande crisis
The dial-back of the earlier plan is seen as an attempt to reduce the exposure of Evergrande’s debt woes to smaller investors. Photo: Reuters
The dial-back of the earlier plan is seen as an attempt to reduce the exposure of Evergrande’s debt woes to smaller investors. Photo: Reuters
READ FULL ARTICLE