Shaoyang City in Hunan Province suspended online signing transactions of two Evergrande projects, saying it deliberately evaded supervision
Shaoyang Municipal Bureau of housing and urban rural development of Hunan Province has informed that from now on to October 13, the pre-sale license, online signature filing and pre-sale fund allocation of Evergrande future city project and Evergrande Washington project will be suspended. The supervision amount of the two projects is not consistent with the actual sales amount, and there are behaviors of off account collection and use of misappropriated and pre-sale funds, deliberately evading supervision.
This text is a result of machine translation.
Related companies：
Briefing Jun 27, 2022 01:05 PM
· Real Estate
Putin will soon visit Central Asia and attend the Caspian summit, which is the first visit since the conflict between Russia and Ukraine
In-depth
Technology, Industrials, Financials
The Melancholic Saga of Xiaomi in India
In January 2024, Xiaomi unveiled the Redmi Note 13 5G series in India, achieving an outstanding sales feat of nearly CNY 900 million within a mere two days. Expressing gratitude on Twitter, Xiaomi India thanked its consumers, hailing the series as "super smartphones that redefine excellence." The commitment echoed the promise to persist in delivering innovation and premium products to the Indian market.
Jan 24, 2024 01:20 AM
May 11, 2023 05:07 PM
Nov 16, 2022 05:19 PM
Nov 07, 2022 04:27 PM
Aug 29, 2022 05:45 PM
Briefing Apr 25, 2022 03:15 PM
· Financials
The central bank convened a meeting between financial institutions and 12 real estate enterprises, involving the rescue of M & a business
Real Estate · Analysis
An Industry Built on Debt
Real estate has long been the stimulus behind China's rapid economic development. House-buying became an investment as prices soared, thus resulting in overbuild. Evergrande's downfall signals the halt on China's reliance on its real estate sector as the country seeks to regulate and strengthen the economy and its foundation.
Nov 08, 2021 09:42 AM
Briefing Feb 20, 2022 05:59 PM
· Real Estate
Xu Jiayin: Hengda will continue to operate the football business
See more
Read next
Insight
In-depth
Insight
In-depth