Chinese property giant’s new embarrassment - news.com.au


3/21/2022 12:00:00 AM3 years 1 month ago
by Rohan Smith

<p>The debt-laden property developer Evergrande, which racked up debts worth $A420 billion, has suffered another embarrassing blow by suspending trading on the Hong Kong stock exchange for a second time.</p>

Chinese property giant Evergrande and its boss reached an all-time low in December after $420 billion in debt went unpaid. Things just keep getting worse.The debt-laden property developer Evergrande,… [+3542 chars]

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