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How China Evergrande Founder Hui Ka Yan Got Rich and Broke Fast

2023-10-08 23:01:38来源: 钛媒体

Credit: Visual ChinaBEIJING, October 8 (TiPost) – The first real estate project developed by China Evergrande is Jinbi Garden.The company didn’t have money to buy land, so it borrowed 5 million from the bank and paid the land deposit.It also had no money for construction, so it relied on the funding from construction companies to meet the pre-sale conditions.Pre-sales opened at a low price of 2,800 yuan p

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