China police detain some Evergrande wealth management staff

📆 9/17/2023 7:40 AM
📰 ChannelNewsAsia

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BEIJING : Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a new investigation that could add to the property giant's woes. 'Recently, public security organs took criminal compulsory measures against Du and other suspected criminals at Evergr

BEIJING : Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a new investigation that could add to the property giant's woes.

During protests by disgruntled investors at Evergrande's Shenzhen headquarters in 2021, Du Liang was identified by staff as general manager and legal representative of Evergrande's wealth management division. China Evergrande did not immediately respond to a request for comment on Sunday outside of normal business hours.

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