by Amruth Sundarkumar | Jul 25, 2022 | China, Corporates, Distressed / Defaulted Bonds
China Evergrande announced through a statement on Friday that their CEO Xia Haijun and CFO Pan Darong have resigned. This followed a preliminary probe which discovered their involvement in using RMB 13.4bn ($1.99bn) of deposits as collateral for third parties to...
