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News
Evergrande Group
Evergrande Group News
Evergrande Group
29 Jan 2024
Evergrande Liquidation May Send Ripples Through China's Crumbling Fin Mkt
The liquidation ruling for the developer, which has $240 billion of assets, will likely jolt already fragile Chinese capital and property markets.
Evergrande Group
03 Jan 2022
China Evergrande Group suspends shares in Hong Kong amidst debt crisis
The property developer's struggle to reduce its 2 trillion yuan ($310 billion) of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis.
Evergrande Crisis
22 Sep 2021
Explained: What went wrong at Evergrande? Can it be China's Lehman Brothers?
Shares of the company dipped 10% on Monday, followed by another 7% drop on Tuesday. Overall, the shares of the group have decreased over 80% this year itself. Indian stock indices currently appear to be immune to the Evergrande crisis.
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