China Evergrande shares slide 6% in early trade


FILE PHOTO: A woman rides an escalator at an Evergrande Plaza shopping mall in a residential compound developed by China Evergrande Group in Beijing, China September 22, 2021. REUTERS/Carlos Garcia Rawlins

September 24, 2021

HONG KONG (Reuters) – Shares of cash-strapped China Evergrande fell as much as 6% in early trade on Friday, paring gains of nearly 18% the previous day as time ticked by on an interest payment deadline for the country’s most indebted developer.

(Reporting By Anne Marie Roantree; Editing by Sam Holmes)

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