Reuters-Pressure piles on China Evergrande with report chairman under police surveillance
September 27, 2023 2 min 308 words
这则报道再次突显了中国恒大集团的危机加剧，因其董事长被警方监视。恒大已经成为全球最负债的房地产开发商，自2021年底以来，中国房地产市场陷入危机，多次爆发债务违约事件，严重拖累了世界第二大经济体的增长。这个消息使市场再次动荡，尤其是在恒大宣布由于对其主要中国子公司恒大房地产的监管调查，无法发行新债券，以及其子公司恒大宣布未能按期支付450亿元人民币（合547亿美元）债券本息之后。报道指出，尽管董事长被警方监视，但尚不清楚为何采取了这一举措，而且这并不等于会对他提起刑事指控。中国恒大集团的困境对全球经济格局产生了影响，因此，监控恒大集团的发展将继续备受市场密切关注。
The chairman of China Evergrande Group (3333.HK) has been placed under police surveillance, Bloomberg News reported on Wednesday, ratcheting up pressure on the embattled developer whose outlook has already darkened significantly this week.
Citing people with knowledge of the matter, the report said Hui Ka Yan was taken away by police earlier this month and is being monitored at a designated location.
It was not clear why Hui was placed under residential surveillance, Bloomberg News said, adding the move was a type of police action that falls short of formal detention or arrest and does not mean Hui will be charged with a crime.
Reuters could not immediately verify the Bloomberg report. Evergrande did not immediately respond to a Reuters request for comment.
Evergrande is the world's most indebted property developer and is at the centre of a crisis in China's property sector, which has seen a string of debt defaults since late 2021 that has dragged on the growth of the world's second-largest economy.
The company rattled markets afresh when it said on Sunday it could not issue new bonds as part of its offshore debt restructuring plans because of a regulatory investigation into its main Chinese unit, Hengda Real Estate.
Then Hengda said on Monday it had failed to pay the principal and interest on a 4 billion yuan ($547 million) bond due by a Sept. 25 deadline.
Reuters reported on Tuesday that some of Evergrande's offshore creditors were planning to join a liquidation court petition filed against Evergrande if it does not submit a new debt revamp plan by end of October.
Markets are also focused on another major Chinese developer, Country Garden (2007.HK), which is facing a new bond coupon repayment deadline on Wednesday.