Troubled Chinese Developer China Evergrande delivered 184 property projects in July to October period, according to a report by Reuters on Wednesday.
- In a statement from the company, former China’s top-selling developer stated it had completed homes for 57,462 owners over the period.
- The delivery of the property projects indicates some normalization of working capital and cash flow.
The progress might increase the chance of the property developer meeting upcoming bond coupon payments for the year. China Evergrande Group up +4.27%