Guangzhou Evergrande

Evergrande's debt struggle rattles investors

Evergrande's debt struggle rattles investors

  • Some commentators suggest Evergrande might become China’s “Lehman moment,” referring to the failure of Wall Street bank Lehman Brothers, a forerunner to the 2008 crisis
  • Evergrande’s Hong Kong-traded shares have fallen 85 percent since early 2021
By Reuters ·