Evergrande Chief Voice Clip Put on WeChat Amid Suicide Rumour – SCMP


A voice clip of China Evergrande boss Hui Ka-Yan was posted on WeChat on Friday in an apparent bid to debunk rumours that the head of the world’s most indebted developer had committed suicide, according to a report by the South China Morning Post, which said the businessman instructed executives to speed up construction work and step up marketing to help the company sell its way out of its financial woes.

The clip, bearing a time stamp of 1:33pm, emerged “just as a rumour began circulating that Hui had jumped off a building in the Hunan provincial capital of Changsha”, the report said, noting that sources close to the company said the rumour was groundless and that Hui was still meting out instructions to his senior executives.

Read the full report: SCMP.



China Evergrande Halts EV Production Due to Lack of Orders


China Evergrande Seeks Backing for Planned Rejig by March


China Evergrande Gets Notice for $4.5bn from Shengjing Bank

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

Recent Posts

India Planning to Classify Clean Tech to Attract Investors

The world's third largest carbon polluter projects it needs $10 trillion to $15 trillion in…

11 hours ago

Dutch PM ‘May Not Disclose’ Result Of China Chip Curbs Talks

Netherlands-based ASML Holding, a key supplier to chipmakers, could see at least some of its…

11 hours ago

Bankers on Adani’s $2.5Bn Share Sale Mull Delay, Price Cut

Friday's stock market rout dragged shares of group flagship Adani Enterprises 11% below the minimum…

13 hours ago

Hong Kong Home Prices Slump 15% in First Fall For 13 Years

Home prices in the territory dropped in 2022 with December seeing the seventh consecutive monthly…

1 day ago

China Labels US a ‘Bully, Rule Breaker’ at WTO Meeting

Beijing’s WTO ambassador hit out at Washington after it emerged the US was appealing against…

1 day ago

Biden Extends Safe Haven Protection for Hongkongers – HKFP

US President Joe Biden ordered a two-year extension on Thursday of a programme that allows…

1 day ago