Viewpoint News: On September 27, Evergrande Real Estate issued an announcement saying that all Evergrande Real Estate Stocks Corporate Bonds will continue to suspend trading.
TheAnnouncement mentioned that, after Evergrande Real Estate's application, all Evergrande Real Estate Stocks Corporate Bonds started to suspend trading from the market on March 21, 2022.At present, Evergrande Real Estate still resolves debt risks with the efforts of all parties and safeguards the legitimate rights and interests of creditors in accordance with the law.In order to ensure the disclosure of fair information and protect the interests of investors, all Evergrande Real Estate Diven Corporate Bonds will continue to suspend trading. The specific resumption time is subject to the company's announcement.
In the past, on September 24, China Evergrande issued an announcement on the renewal of overseas debt restructuring, tolerate the terms of proposed overseas debt reorganization.
Announcement stated that the new bills planned to be issued under the proposed reorganization must follow the trial method of overseas issuance securities and listing management of domestic enterprises and the National Development and Reform Commission issued by domestic enterprises issued by the China Securities Supervision and Administration Commission.The company must prove that it meets relevant regulations for long -term foreign debt review and registration.
In view of the investigation of Evergrande Real Estate Group Co., Ltd., the group's current situation cannot meet the qualifications of the issuance of new bills.