Evergrande Says Six Execs Redeemed Investment Products in Advance

Evergrande Says Six Execs Redeemed Investment Products in Advance
The China Evergrande Centre building sign is seen in Hong Kong on Aug. 25, 2021. Tyrone Siu/Reuters
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BEIJING—Six executives of China’s heavily indebted Evergrande redeemed some of the company’s investment products in advance earlier this year, the property group said on Saturday.

Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said in a statement on its website, without identifying the executives or giving details on the nature of the products.