, announcing that each could expect 8,000 yuan per month in principal payment for three months starting in January, irrespective of when their investment matures., Evergrande had previously agreed to repay 10% by the end of the month when the product matured, without specifying an amount.
By midday, about 60 of those protesting had been hemmed in by rows of security personnel. Videos circulating in WeChat groups showed several people being detained at the scene. More than 80,000 people – including employees, their families, and friends as well as owners of Evergrande properties – bought products that raised more than 100 billion yuan in the past five years, said a sales manager of, launched in 2016 as a peer-to-peer online lending platform that originally was used to fund its property projects.