A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China’s Hainan province in November 2019. Photo: AP
A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China’s Hainan province in November 2019. Photo: AP

China Evergrande switches headquarters building in cost-saving move as financial pressures mount

  • Evergrande says to ‘save costs’ its has moved its headquarters building
  • Analysts say headquarters move not only saves costs, but may help Guangdong government solve Evergrande problem

Topic |   China Evergrande Group
A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China’s Hainan province in November 2019. Photo: AP
A section of the Evergrande mega-project complexes is seen on Haihua or Ocean Flower island in Danzhou in south China’s Hainan province in November 2019. Photo: AP
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