Business

Evergrande begins repaying investors with discounted properties



© Reuters. FILE PHOTO: An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip/File Picture/File Picture

(Reuters) – China Evergrande Group kicked off a course of on Saturday to repay traders in its overdue funding merchandise with discounted properties, Bloomberg Information reported on Saturday.

Traders who go for discounted actual property in lieu of money can begin contacting wealth managers for extra particulars, the report mentioned, citing a Wechat put up by Evergrande’s wealth division.

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