China Evergrande communicates with Wuhan over repossessed land

Updated: Nov 25, 2022, 03:05 UTC•1min read

(Reuters) – Debt-laden developer China Evergrande Group is communicating with a Chinese municipal district in Wuhan City that repossessed 134,500 hectares (332.4 acres) of land formerly held by a unit of the group.

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(Reuters) – Debt-laden developer China Evergrande Group is communicating with a Chinese municipal district in Wuhan City that repossessed 134,500 hectares (332,356.7 acres) of land formerly held by a unit of the group.

(This story has been corrected to fix repossessed land to 332,356.7 acres from 332.4 acres in paragraph 1)

(Reporting by Riya Sharma in Bengaluru; Editing by David Goodman)