Regulator Accuses Evergrande of Inflating Revenues by $80 Billion
Monday, 18 March 2024, 17:56
Chinese Regulator Accuses Evergrande of Inflating Revenues
Preliminary decision by the regulator marks the first detailed allegations against developer Evergrande and its founder Hui Ka Yan. The accusation amounts to $80 billion and raises concerns about transparency within the company.
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