$300 billion debt
Chinese real estate crisis: Evergrande suspends its stock market operation as it tries to pay off unprecedented debt
Chinese property market giant Evergrande was forced to suspend the sale of shares on the stock market this Monday, Jan. 3, as it grapples with an unpayable debt of around $300 billion. Evergrande said in a filing to the Hong Kong Stock Exchange that it has suspended trading pending an "announcement ...
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