Evergrande, the Chinese real estate conglomerate, removed its emblem from its Shenzhen headquarters on Monday.
In terms of sales, it is China’s second-largest property developer.
Evergrande did not provide any information about its new headquarters.
Evergrande’s cash flow problems resulted in a $300 billion debt.
Li Ka-shing, a Chinese billionaire, and his family own the corporation.
Evergrande stated it had relocated to a site it owns but remained in the same city.
After the Chinese media site The Paper reported that Evergrande has relocated its headquarters from Shenzhen to nearby Guangzhou, the corporation issued a statement.
In a statement on its website, Evergrande said that to save money, the company went through the lease cancellation practices for Houhai Excellence Center in December 2021 and decided to relocate its property to Shenzhen.
It further stated that the company’s registration address has not changed and remains in Shenzhen.
Protests started last Tuesday at the Guangzhou offices when roughly 100 investors in the company’s financial products gathered to voice their concerns about receiving their money back.
According to reports, the Chinese government is seeking to reorganize Evergrande to fix the crisis.
Ghada Ashour, who grew up in Gaza, becomes fifth scholar selected for FIA’s flagship scholarship initiative Dubai, UAE, 8th December, 2025: The FIA’s United Against Online Abuse (UAOA) Campaign has welcomed Ghada Ashour, a 24-year-old student from Palestine, to its flagship scholarship programme, created to empower the next generation of researchers in the fight against online abuse in sport. Ghada grew up in Gaza where she has been studying remotely until gaining her place on the UAOA scholarship, which brought her to Dublin City University (DCU), Ireland. Becoming the fifth scholar to join the scholarship, she was selected based on her interests in social media, and her strong passion for advancing insights in this area for the benefit of everyone participating in sport. Launched in 2023, the programme offers talented students and young professionals from diverse backgrounds the opportunity to engage in cutting-edge research on the impact, prevalence, and prevention of online abuse in sport with a focus on developing practical solutions. Funded by the FIA Foundation, the UAOA scholars have been selected to undertake invaluable research at DCU based on their project proposals, dedication to achieving positive social change, and their unique perspectives approaching this issue. Ghada’s thesis, which will be printed in English and translated into Arabic, will focus specifically on the …
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