Indebted property giant China Evergrande Group will make it a top priority to help wealth investors redeem their products, its chairman has said, as investors await a key deadline for a dollar-bond coupon payment on Thursday.
Hui Ka Yan said the company is striving to ensure quality delivery of properties and stressed the importance of resuming construction on developments where building had been halted.
His comments come as Evergrande, which was founded in 1996, faces mounting pressure to quell anger among homebuyers and retail investors who have sunk their money into the group's properties or its wealth management products.