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China Evergrande: Repaid 10% of wealth management products due in September

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The debt-ridden China Evergrande Group said in a statement released on Thursday, it has repaid 10% of its wealth management products due this month.

Following is a snapshot of the special announcement made by the property developer group on its website.

Market reaction

The risk sentiment remains elevated, with no special boost from the above release, as the S&P 500 futures add 0.70% on the day. The US dollar index drops 0.07% on the day to 94.30.

Meanwhile, USD/CNY was last seen trading at 6.4619, down 0.12% so far.