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Property developer’s value fell by more than $2bn as stock resumed trading after 17-month suspension
Shares in Evergrande fell a further 14% on Tuesday after more than $2bn was wiped off the Chinese property developer’s market value when it resumed trading for the first time in almost 18 months on Monday.
Evergrande, the world’s most indebted property firm with liabilities of $328bn (£260bn), has lost more than 99% of its share market value over the past three years.
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