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Evergrande delays annual financial results | DW News

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Embattled Chinese real estate developer Evergrande's financial crisis continues to deepen. The company on Tuesday revealed that lenders have seized 2 billion dollars worth of deposits from one of its subsidiaries. Evergrande also said it won't be able to file its 2021 annual results on time. Trading in the company's shares has been halted since Monday.

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#China #Evergrande #RealEstate
Category
Europe
Tags
evergrande crisis, evergrande china, evergrande news
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