Evergrande is trying somehow to appease the anger of the despoiled owners and investors.

In a letter to staff, Xu Jiayin, the chairman of the Chinese real estate giant wrote "to have the firm belief that Evergrande will soon be able to emerge from its darkest period," a leading business daily reported on Tuesday. , the Securities Times.

On the verge of bankruptcy, the property developer founded in 1996, which is drowning in debt of more than $ 300 billion,

Xu Jiayin assured that the sites will resume completely to achieve the main objective: guarantee the delivery of buildings and that it "will provide a response to buyers, investors, partners and financial institutions."

He also thanked the staff for their immense work, as the last two days are public holidays in China.

A "huge pressure"

The statement comes as the Hong Kong Stock Exchange tries to stabilize in the aftermath of a drop of more than 3%, sparked by concerns about the possible bankruptcy of Evergrande.

Mainland Chinese stock exchanges were still closed on Tuesday due to a public holiday.

For its part, after a three-day weekend, Tokyo also suffered on Tuesday, falling sharply at the start of the session in the wake of other global financial centers on Monday, including Wall Street.

The real estate group had admitted last week to face "enormous pressure" and warned that it might not be able to meet its financial commitments.


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