China Evergrande may transfer some assets to property unit to repay debt

China Evergrande may transfer some assets to property unit to repay debt

FILE PHOTO: The China Evergrande Centre building sign is seen in Hong Kong, China. August 25, 2021. REUTERS/Tyrone Siu/File Photo

China Evergrande Group said on Wednesday it was considering transferring some assets to its property unit to settle some of the unit‘s debt payments.