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SZSE Intends to Discipline Xia Haijun, Ex-Director of China Evergrande Group
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The Shenzhen Stock Exchange (SZSE) announced that Xia Haijun was found to have allegedly violated the relevant provisions of the Rules Governing the Listing of Bonds when he was a director of China Evergrande Group, the controlling shareholder of Evergrande Real Estate Group Limited.

SZSE intends to publicly designate Xia Haijun as unsuitable to serve as a director, supervisor or senior management of a bond issuer for life and to publicly reprimand him. As Xia could not be contacted, SZSE informed Xia of the proposed disciplinary action by way of an announcement.

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