China Evergrande Makes 10 Percent Payment to Wealth Management Products Investors

A woman cries as she and other people gather at the Evergrande headquarters in Shenzhen, southeastern China on Sept. 16, 2021, as the Chinese property giant said it is facing "unprecedented difficulties" but denied rumors that it is about to go under. Noel Celis/AFP via Getty Images

Troubled China Evergrande issued a small portion of repayment of wealth management product (WMP) to investors, the developer announced on Sept. 30.

The notice, posted on its website, said the wealth management unit has paid a first installment of 10 percent toward its wealth management products (WMPs) that are due by the end of September.