China Evergrande shares fall sharply after $2.6bn asset sale falls through

Evergrande shares fell in early trading on Thursday amid concerns about unsustainable debts, sparking fears of contagion in China’s real estate sector. Photograph: Héctor Retamal/AFP/Getty Images

Evergrande shares fell in early trading on Thursday amid concerns about unsustainable debts, sparking fears of contagion in China’s real estate sector. Photograph: Héctor Retamal/AFP/Getty Images

source https://www.theguardian.com/business/2021/oct/21/china-evergrande-shares-fall-sharply-after-26bn-asset-sale-falls-through