Officials from the People's Bank of China (PBC) and China Banking and Insurance Regulatory Commission (CBIRC) had a talk with senior executives of Evergrande Group on August 19.
The PBC and CBIRC pointed out that as a leading company of the real estate sector, it is necessary that Evergrande Group earnestly implement the national strategic arrangements for the stable and sound development of the real estate sector. The Group is responsible for maintaining stable business operations and actively mitigating debt risks to support the stability of real estate markets and financial stability. Meanwhile, it should ensure genuine information disclosure of material matters as according to laws and regulations, and keep from disseminating or unattending to false information.
