Shares of China Evergrande fell Tuesday following news of an asset freeze that renewed attention on the real estate conglomerate's debt woes.
The Hong Kong-listed shares of China Evergrande Group fell Tuesday to four-year lows following news of an asset freeze.
The Evergrande Group or Evergrande Real Estate Group logo of a Chinese real estate company is seen on a smartphone and a PC screen.China Evergrande Group The drop has wiped off about 37 billion Hong Kong dollars off China Evergrande's shares since Friday, leaving it with a market value of about 93 billion Hong Kong dollars , according to Wind Information.
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