China's Evergrande faces vote on offshore restructuring plan on Wed

China's Evergrande faces vote on offshore restructuring plan on Wed

FILE PHOTO: The China Evergrande Centre building sign is seen in Hong Kong, China. August 25, 2021. REUTERS/Tyrone Siu/File Photo

China Evergrande Group’s onshore flagship unit Hengda Real Estate said the holders of an onshore bond worth 8.2 billion yuan ($1.19 billion) will hold a meeting on Wednesday to vote whether they will join the group’s offshore restructuring proposal.