You are here

Evergrande gets 100b yuan in credit lines

Hong Kong

EVERGRANDE Real Estate Group Ltd, the developer owned by billionaire Hui Ka Yan, has obtained 100 billion yuan (S$22.6 billion) in credit lines from four Chinese banks in the past two months as sales declined.

The developer received a credit line of 30 billion yuan from

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom