China’s Evergrande sells $1.5 billion bank stake amid crisis

WION Video Team | Updated: Sep 30, 2021, 11:45 AM IST

Cash-strapped China Evergrande Group left its offshore bondholders guessing whether it would pay interest on a bond coupon due Wednesday despite agreeing to settle debt with a Chinese bank in a $1.5 billion stake divestment deal. Watch this report for more details.