Evergrande unit's onshore bondholders reject proposal to delay repayment

Evergrande unit's onshore bondholders reject proposal to delay repayment

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

Onshore bondholders of embattled property developer China Evergrande Group’s main unit have rejected a proposal to postpone repayment of a 4.5 billion yuan ($671.04 million) bond, a securities filing made by the unit showed on Monday.