This week's Weibo video shows Evergrande's female staff dancing to entertain clients in one of its showrooms. Screengrab/Weibo
Three Evergrande employees are seen dancing for clients in a new video.
The video shows the female employees dancing in front a property display case.
It is not common for staff to dance in China to promote products.
For more stories, visit Insider's homepage.
A new video from China's Weibo platform shows how Evergrande's female employees had to perform for clients in order to make them smile at the property showrooms.
A 30-second video was posted on Weibo October 4, showing three women in company uniforms and stiletto heels standing in front of an exhibit of company property buildings and offerings. The video featured the women dancing to the beat.
It is not clear when or where this video was shot in China. Insider reached Evergrande for comment but he did not respond immediately.
Chinese sales personnel are known to go above and beyond to sell products. Other videos on Weibo show real estate agents from the Chinese provinces Hangzhou and Luoyang dancing to disco music outside of showrooms. They also record videos of themselves dancing to try to get buyers' attention. In a separate video, staff at a Chinese car showroom danced in front of cars for a brief 10-second clip.
Markets Insider reported that Evergrande has at least $300 billion of liabilities. This is more than any other company worldwide. Markets Insider reported that Evergrande's inability to pay its debts has caused panic across the world and made it difficult to work on many of its 800 projects across China. The company claims it has restarted construction on at most 46 of its real estate projects that are partially completed.
The impending collapse of Evergrande has had a severe impact on the lives of many of its more than 123,000 employees. A recent New York Times report claims that some Evergrande employees have not received their bonuses or paychecks. They were seen protesting outside the company's offices mid-September, demanding compensation. The Times reached out to Evergrande for comment but they did not respond.
Continue the story
Evergrande's employees have also suffered the brunt from investors' anger. A compilation video showing Evergrande investors confronting employees was posted on Weibo last week. One video shows a woman holding a knife and threatens to kill herself while pointing the weapon at an Evergrande employee. A second clip from the compilation featured a woman crying and desperately clinging onto a car's door, while Evergrande staff tried to restrain her.
Evergrande's fate remains in doubt. The Hong Kong stock exchange suspended trading in Evergrande shares at 9 a.m., October 4, due to what the company called a "major transaction." Although it has yet to be confirmed the nature of this transaction, it is believed to be Evergrande's attempt to raise $5Billion by selling half its property services unit and trading with Hopson.
Insider has the original article.
