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Housing crisis in China: Evergrande shares tank after re-entering trade | DW News
Posted
October 21, 2021
Views
236,182
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2,477
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October 21, 2021
236,182
2,477
767
1.37%
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5:45Now PlayingShares in struggling Chinese developer Evergrande tanked more than 12 percent as it resumed trading in Hong Kong... share trading had been suspended for 17 days to allow the planned sale of its property services arm. Evergrande is the world's most indebted property firm and faces a series of bond defaults, raising the possibility of contagion for the Chinese economy.
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