Its main business is in real estate and its Chinas second-largest property developer by sales. Evergrande owns more than 1300 real estate projects in.
Shares Tank As Chinese Developer Evergrande Rebuts Restructuring Rumor Property Management Initial Public Offering Development
Evergrande the worlds most indebted property developer is crumbling under the weight of more than 300 billion of debt and warned more than once it could default.
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