Fears of a contagion from the potential collapse of battered Chinese land giant Evergrande sent property shares plunging in Hong Kong on Monday, with the firm expected to default upcoming interest payments in the week . The firm, one among the country’s biggest developers, is on the brink of collapse because it wallows in debts of quite $300 billion, raising concerns of a spillover into the domestic and global […]
Tag: Evergrande contagion fears hit Hong Kong
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