Evergrande crisis deepens as lender seizes headquarters - FT

[September 08, 2022]  (Reuters) - China Evergrande Group's Hong Kong headquarters has been seized by a lender after the struggling Chinese property developer defaulted on a loan and twice failed to sell the building, the Financial Times reported on Thursday.   

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song

(Reporting by Akriti Sharma in Bengaluru)

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