China Evergrande Debts 2,388.2 Billion Chinese Yuan

Aerial video taken on August 29, 2023, 2019 shows the Evergrande Yuelongtai residential complex in Longgang District, Nanning City, Guangxi Zhuang Autonomous region. China Evergrande announced in the evening of August 27 on the Hong Kong Stock Exchange that as of June 30, 2023, the group's total liabilities were 23,882.0 billion yuan, and as of June 30, 2023, China Evergrande Group had a land reserve of 190 million square meters. In addition, the group has participated in 78 old renovation projects, including 55 in the Greater Bay Area (34 in Shenzhen) and 23 in other cities.