Financial intelligence provider, REDD, reports on the matter
The report says that Evergrande plans to suspend interest payments due on loans to two banks on 21 September. Adding that the company may also suspend all payments to its wealth management products with effect from 8 September.
The report says that Evergrande plans to suspend interest payments due on loans to two banks on 21 September. Adding that the company may also suspend all payments to its wealth management products with effect from 8 September.