Evergrande: China property giant suspends shares as police target chairman
- Shares of China Evergrande Group were suspended as concerns grew about the developer's future and increasing liquidation risk.
- Evergrande, with over $300 billion in liabilities, represents a debt crisis in China's property sector.
- The company's founder, Hui Ka Yan, has reportedly been placed under police watch and is being monitored at a designated location.
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Total News Sources0
Leaning Left14Leaning Right11Center23Last Updated2 months agoBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 26%
C 48%
R 26%
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