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Top related persons:
Du Liang - 3 Du - 3 Aly - 2 Evergrande - 2 Donny Kwok - 1 Anne Marie Roantree - 1 Muralikumar Anantharaman - 1 China Evergrande - 1
Top related locs:
Shenzhen China Guangdong province HONG KONG Lincoln Rights BEIJING China's TAIPEI
Top related orgs:
China Evergrande Group - 2 REUTERS - 2 HK - 2 Evergrande's Shenzhen - 2 Financial Wealth Management - 2 Thomson - 2 China - 2 China Evergrande - 1

Search resuls for: "Du Liang"


3 mentions found


☆ China Evergrande shares tumble 25% after wealth management staff detained
  + stars: | 2023-09-18 | by ( ) www.reuters.com   time to read: +2 min
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Acquire Licensing RightsHONG KONG, Sept 18 (Reuters) - Shares of embattled developer China Evergrande Group (3333.HK) plunged 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigation that could add to the property company'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. "Recently, public security organs took criminal compulsory measures against Du and other suspected criminals at Evergrande Financial Wealth Management Co," police in the southern city of Shenzhen said in a social media statement on Saturday night. Earlier this month, Evergrande said it had delayed making a decision on offshore debt restructuring from September to next month to allow holders of its debt more time to consider its restructuring plan.
Persons: Aly, Evergrande, Du Liang, Du, Donny Kwok, Anne Marie Roantree, Muralikumar Anantharaman Organizations: China Evergrande Group, REUTERS, China Evergrande, HK, Evergrande's Shenzhen, Financial Wealth Management, Reuters, Thomson Locations: China, Shenzhen, Guangdong province, HONG KONG, Lincoln
☆ China police detain some Evergrande wealth management staff
  + stars: | 2023-09-17 | by ( ) www.reuters.com   time to read: +2 min
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Sept 17 (Reuters) - 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. The police said the investigation into the financial management unit was ongoing and urged investors to report any further financial crimes.
Persons: Aly, Du, Du Liang, China Evergrande, Moody's, Laurie Chen, David Kirton, Tom Hogue Organizations: China Evergrande Group, REUTERS, Rights, Police, China, Financial Wealth Management, Evergrande's Shenzhen, Reuters, HK, Thomson Locations: China, Shenzhen, Guangdong province, Rights BEIJING, China's
☆ Chinese Police Detain Wealth Management Staff at the Heavily Indebted Developer Evergrande
  + stars: | 2023-09-17 | by ( Associated Press | Sept. | At A.M. | ) www.usnews.com   time to read: +1 min
TAIPEI, Taiwan (AP) — Police in a southern Chinese city said they have detained some staff at China Evergrande Group’s wealth management unit in the latest trouble for the heavily indebted developer. A statement by the Shenzhen police on Saturday said authorities “took criminal coercive measures against suspects including Du and others in the financial wealth management (Shenzhen) company under Evergrande Group.”It was unclear who Du was. Media reports about investors’ protests at the Evergrande headquarters in Shenzhen in 2021 had listed a person called Du Liang as head of the company’s wealth management unit. Evergrande is the world’s most heavily indebted real estate developer, at the center of a property market crisis that is dragging on China’s economic growth. A series of debt defaults in China’s sprawling property sector since 2021 have left behind half-finished apartment buildings and disgruntled homebuyers.
Persons: “, Du, Evergrande, Du Liang Organizations: — Police, China, Shenzhen, Evergrande, Media Locations: TAIPEI, Taiwan, Shenzhen
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