NEW YORK—Struggling Chinese real estate developer China Evergrande has announced that its chief executive and chief financial officer have resigned after initial findings in a probe found $2 billion belonging to its property unit subsidiary was redirected back to the group. The news, announced Friday, comes as the company is already saddled with $310 billion…
China Evergrande CEO, CFO Resign Amid Probe Into Subsidiary
July 23, 2022
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Business & MarketsCEOChinaChina Business & EconomyCompanieseconomyevergrandePan DarongResignsubsidiaryXia Haijun
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