Evergrande Chairman Gives Pep Talk Despite Global Fears Over Default

The halted under-construction Evergrande Cultural Tourism City in Suzhou city, in China's eastern Jiangsu Province, on Sept. 17, 2021. Jessica Yang/AFP via Getty Images

The chairman of Evergrande Group showcased his faith in the company to get out of its “darkest moment” as soon as possible.

The company will fulfill its promise to deliver under-construction projects to home buyers, Chairman Hui Ka Yan said in a letter to employees on the day of China’s Mid-Autumn festival.