Evergrande wants to put ‘darkest hour’ behind it

After the stock price of southern Chinese real estate company Evergrande continued to plummet on Tuesday (China.Table reported), Xu Jiayin, chairman of the board of directors of the troubled real estate giant, spread hope in a letter addressed to his employees. It was certain that the company would put „its darkest hour“ behind it, wrote Xu, whose Cantonese name is Hui Ka Yuan. Local media reported this on Tuesday.