Could Evergrande which owed US1041 billion at the end of last year collapse like HNA Group. Deleveraging Evergrande 3333HK is turning into a real migraine.
Anne Wiazemsky
Evergrande Property Services rose 6 per cent while electric vehicle EV unit Evergrande New Energy Vehicle surged more than 12 per cent.
Evergrande collapse. Chinese watchdogs want lenders to stress-test their exposure to the. Questions about Evergrandes liquidity it has racked up more than 100 billion in debt have emerged amid late payment on some. Shares in Evergrande dropped over 5 to HK1082 their lowest level since March last year before closing up 32 on Monday.
Concerns mount after provincial government.
Anne Wiazemsky
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Anne Wiazemsky
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