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Evergrande shares slide as mainland unit misses debt payment

2023-09-26 13:59
Beijing-based news service Caixin reported several current and former Evergrande executives have been detained.
Evergrande shares slide as mainland unit misses debt payment

Shares in China's Evergrande have slumped as the crisis at the embattled property developer has deepened.

Its mainland unit Hengda Real Estate has defaulted on 4 billion yuan (£449m; $547m) of debt, it revealed on Monday.

Beijing-based news outlet Caixin has also reported that several current...

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