China Evergrande ordered to repay its property unit $1.8 billion worth deposit pledges

(Reuters) - China's Evergrande Property Services Group (HK:6666 ) said on Friday a Guangzhou city court has ordered its parent China Evergrande (HK:3333 ) to repay pledge guarantees on deposit certificates worth 13.4 billion yuan ($1.83 billion).

($1 = 7.3316 Chinese yuan renminbi)

Source: Investing.com