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.
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