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China Evergrande communicates with Wuhan over repossessed land (Nov. 24) By Reuters

by Index Investing News
November 25, 2022
in Stock Market
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© Reuters. FILE PHOTO: A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton

(Corrects conversion in paragraph 1 of Nov. 24 story to 332,356.7 acres from 332.4 acres)

(Reuters) -Debt-laden developer China Evergrande Group is communicating with a Chinese municipal district in Wuhan City that repossessed 134,500 hectares (332,356.7 acres) of land formerly held by a unit of the group.

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