China's Evergrande says it has resumed construction work on nearly a dozen projects, just days after it managed to avoid a default
China's Evergrandesaid in a statement that it has resumed work on more than 10 projects in six cities in the country.
- The statement came just days after the
propertygiant avoided a default by paying a dollar bond interest.
China's Evergrande said on Sunday it had resumed work on more than ten
The announcement on the property developer's WeChat social media account said it will "go all out" to deliver on its social responsibilities to homebuyers and comply with the government's requirements.
The notice also appeared to attempt to reassure homebuyers by showing photos of workers working on the properties.
Evergrande has also not said how many of its 1,300 real estate projects across China has been suspended, according to Reuters.
Chinese authorities have stepped out to reassure that Evergrande's crisis will be contained.
China Evergrande shares in Hong Kong opened 6% higher on Monday.
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