Fitch: Evergrande unchanged

Fitch Ratings said the allegations made by Citron Research against Evergrande Real Estate Group Ltd. (BB/stable) do not immediately affect the company's liquidity or broader credit profile.

Fitch noted that allegations by short sellers on Chinese companies in the past, whether proven or otherwise, have resulted in at least a temporary curtailment in access to capital markets and that Evergrande has begun refuting the allegations made by Citron Research.

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