BEIJING, Oct 24 — China Evergrande Group said on Sunday it had resumed work on more than 10 projects in Shenzhen, Dongguan and other cities — a statement that comes after it appeared to avert default with a last-minute bond coupon payment last week.
It added that its effort to guarantee construction would shore up market confidence. The report included several photos of construction workers on different projects, stamped with the time and date. The property developer also announced on Friday plans to give future priority to its electric vehicles business over real estate.
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