Angry Evergrande investors resort to drastic measures

Some even hold management hostage even as state media seeks to reassure the public

Footage of Evergrande's management being held hostage in company offices by anxious retail investors made its rounds on China's social media earlier this week.

"I have with me Nanchang's top Evergrande representative surnamed Chen," said WeChat user Yang Qiwen, referring to the city in Jiangxi province in south-eastern China. The posting included a photo of a man lying on a floor.

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A version of this article appeared in the print edition of The Straits Times on September 17, 2021, with the headline 'Angry Evergrande investors resort to drastic measures'. Subscribe