Back Menu

Property News

China Evergrande boss Hui Ka-yan rallies workers, aims to deliver four times as many homes in December


Hui Ka-yan, the founder and chairman of heavily-indebted developer China Evergrande Group, is trying to rally his employees and deliver more homes as the year comes to a close.At a weekly meeting with company executives on Sunday, the 63-year-old billionaire said all employees will be required to not “lie flat” – a buzzword in China that means giving up or doing nothing – and pledge to a quickened pace of home construction and sales, so that the developer could repay all its debt.“As long as we…

Source : South China Morning Post
Read more…China Evergrande boss Hui Ka-yan rallies workers, aims to deliver four times as many homes in December

Lender allows homebuyers to borrow seven times their salary
Home-seekers despair as affordable property vanishes from UK hotspots
Thailand Property News