Evergrande services group plunges as trading resumes

Shares in the property services arm of troubled Chinese property giant Evergrande collapsed Thursday, wiping out half the firm’s market value, as they resumed trading after being suspended for more than a year. Once China’s biggest developer, Evergrande is drowning in a sea of debt and has become a symbol of the country’s property crisis […]

The post Evergrande services group plunges as trading resumes appeared first on Insider Paper.