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Criticized and classified loans ended the quarter at $184 million or about 20% of total investor office loans. Our reserve levels on this book declined in the quarter from 8% to 6.2%, due to Q4 ...
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On 29 September 2021, the company sold a 20% stake in Shengjing Bank, retaining 15%, raising 10 billion RMB (US$1.5 billion). [33] On 4 October 2021, the Cailian Press reported that rival Hopson Development was set to buy a 51% stake in the Evergrande Property Services subsidiary for around US$5 billion. [ 34 ]
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