Evergrande gets $818m as football stadium land deal cancelled
The announcement comes as the heavily-indebted Chinese property firm tries to raise cash to repay debt.
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The announcement comes as the heavily-indebted Chinese property firm tries to raise cash to repay debt.
It came just two days after the crisis-hit firm outlined plans to restructure its overseas liabilities.
Indebted Chinese developer fails to deliver a strategy for business overhaul it had previously said would be ready by the end of July
While the home-buyer boycott movement is so far relatively small in relation to the total market, its growth has sparked concern at top levels of the government.
The Chinese property firm is expected to deliver a preliminary restructuring plan this week.