Like other real estate companies, Evergrande was impacted by the pandemic, in addition to Beijing cracking down on debt and slapping fresh restrictions on home sales. As has been reported, the debt-laden company's shares lost more than 80 percent of their value this year. The fate of the Hong Kong Stock Exchange-listed Evergrande is not clear, as the company teeters on the brink of default and Beijing isn't stepping in to bail it out. But the Shenzhen-based company has maneuvered to stave off some of its financial troubles. Evergrande made domestic interest payments to creditors as the Chinese central bank put money into the banking system, though it missed its interest payment to offshore bondholders, Reuters reported. Meanwhile, Evergrande said it would sell a 20 percent stake in a regional bank to the local Shenyang government for the equivalent of $1.55 billion, with the proceeds used to settle debts with the lender.