Evergrande Crisis Deepens: Stocks Dive As China’s Largest Developer Tries to Recover
Shares of China Evergrande Group experienced a sharp drop of as much as 87% in their trading debut after a long suspension since March 21, 2022. The shares fell from their last close of 1.65 Hong Kong dollars to a mere 22 cents on Monday, leaving stakeholders in dismay. Despite a promising start to the […]