The Evergrande Group or the Evergrande Real Estate Group previously Hengda Group is Chinas second-largest property developer by sales making it the 122nd largest group in the world by revenue according to the 2021 Fortune Global 500 List. While its not the first time regulators have required banks to report their Evergrande exposure the directive suggests concerns about the companys financial health have become serious enough to once again reach the upper levels of Chinas government.
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Chinese regulators have instructed major creditors of China Evergrande Group to conduct a fresh round of stress tests on their exposure.
Evergrande china government. China Evergrande Group placed 260 million shares or 266 of issued share capital of China Evergrande New Energy Vehicle. China Evergrande Group to conduct a fresh round of stress tests on their exposure to the worlds most indebted developer according to. It is based in southern China.
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