Evergrande arrests: China police detain staff at property giant’s wealth management arm

Police do not list charges against arrested workers but urge public to report any suspected fraud

Police in China have arrested several employees at a subsidiary of Evergrande, the troubled property giant that is struggling under debts running into the hundreds of billions of dollars.

Employees at Evergrande's financial subsidiary, Evergrande Wealth Management, were arrested, police in the southern city of Shenzhen said in a statement, without specifying the number of employees or the charges against them.