Evergrande wealth management faces inquiry

By Samuel Shen, Zhang Yan and Brenda Goh
Updated September 28 2021 - 5:00am, first published 4:55am
Evergrande's wealth management arm faces an investigation by authorities in Shenzhen.
Evergrande's wealth management arm faces an investigation by authorities in Shenzhen.

The Shenzhen government is investigating a unit of Chinese developer Evergrande, the city's financial regulator has told investors in the first sign of an official inquiry into the wealth management crisis at the real estate giant.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options