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Page 3 - சீனா அதிர்ஷ்டம் நில வளர்ச்சி இணை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China Evergrande slumps as investor worries deepen

China Evergrande slumps as investor worries deepen Reuters 19 hrs ago © Reuters/Bobby Yip FILE PHOTO: A logo of China Evergrande Group is displayed at a news conference on the property developer s annual results in Hong Kong SHANGHAI (Reuters) - Shares and bonds in China Evergrande, the country s most indebted developer, plunged for a second day on Tuesday, after sales of two real estate projects were suspended by local authorities, escalating worries over its financial health. Evergrande s Hong Kong-listed shares tumbled more than 13% to a fresh four-year low, following Monday s 16% plunge, while its bonds also dived, in onshore and offshore markets.

China Developers Defaults Spread as Languang Misses Payment

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