HONG KONG (REUTERS) - Mingling with power brokers at celebrations to mark the centenary of the Chinese Communist Party on July 1, a beaming Mr Hui Ka Yan showed no signs that his company, China Evergrande, was facing mounting pressure with debt repayments.
Mr Hui, wearing a navy blue suit and open-neck shirt, looked relaxed as he stood on a podium overlooking the festivities in Tiananmen Square, an invitation many considered a show of support for the billionaire businessman.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you