Evergrande’s subsidiaries are being punished by investors on concern that the world’s most indebted developer will need to sell assets at a steep discount. Reuters
Evergrande’s subsidiaries are being punished by investors on concern that the world’s most indebted developer will need to sell assets at a steep discount. Reuters

Business

Markets

Evergrande's EV unit loses $80bn in market value as first-half loss spooks investors

Evergrande New Energy Vehicle Group shares slumped as much as 22 per cent on Thursday

Bloomberg

August 26, 2021