China Evergrande bonds, shares deepen rout as fresh downgrades issued, Real Estate News, ET RealEstate
File Photo SHANGHAI: Bonds and shares of China Evergrande Group deepened their rout on Tuesday, with one exchange-traded note tumbling more than 20%, as the company faced fresh downgrades over its ability to restructure its massive debts. Debts at Evergrande, the country’s No. 2 developer, have triggered warnings from regulators worried that its 1.97 trillion […]