The boss of beleaguered China Evergrande Group said he expects the developer to emerge soon from what he called its “darkest moment” and pledged to deliver the homes it has promised to buyers and other stakeholders.
In a memo to employees on Tuesday, which is the Mid-Autumn Festival and a holiday in mainland China, Evergrande Chairman Hui Ka Yan said the company is dealing with unprecedented difficulties and its employees are facing severe challenges.
