You are here

Evergrande shares fall as developer piles on debt to expand

Thursday, March 31, 2016 - 05:50

Shanghai

EVERGRANDE Real Estate Group Ltd shares dropped as the Chinese developer said its debt mounted last year to fund acquisitions, raising concerns over whether it will be able to maintain sustainable growth.

The stock fell as much as 1.8 per cent in Hong Kong, the biggest

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom