Embattled Evergrande warns of growing default risks as pressures mount
Summary by Reuters
Cash-strapped property group China Evergrande Group (3333.HK) said on Tuesday it has engaged advisers to examine its financial options and warned of default risks amid plunging property sales, sending its stock and bond prices sharply lower.9 months ago
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Evergrande hires restructuring advisers as Chinese property fears mount
Shares in rival firms slide after troubled construction giant it apoints US firm that advised on bankruptcies of Enron and Lehman Brothers
9 months ago·London, United Kingdom
Read Full ArticleSimilar News Topics
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