China Evergrande slides below 2009 IPO price after Fitch downgrade


Source: financialchickens.com financialchickens.com

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September 08, 2021 10:22 AM HONG KONG (BLOOMBERG) – China Evergrande Group shares fell below their 2009 initial public offering price after a second credit-rating downgrade in as many days boosted concern the developer will default on its debt. Read the rest of the article here.