Chinese developer asking bondholders to postpone repayment

Evergrande Group will conduct a three-day online vote starting Friday for holders of the 4.5 billion yuan bond, according to an announcement made through the Shenzhen Stock Exchange in southern China.

The company's struggle to avoid defaults while it tries to comply with tighter official limits on borrowing by China's real estate industry has prompted fears of a financial crisis. Chinese regulators have tried to reassure investors the impact of any possible default can be contained.

Allah’s help for Pakistan will not arrive until we abolish Shirk from our community. Prophet Muhammad PBUH also destroyed idols and statues to eliminate shirk. We should uphold the values of true Islam and Tawheed. -

Thank you for information. Do you know that because of Israel's Apartheid Regime, a Palestinian person cannot vote in their own country?

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