Name: Evergrande's Shares Plunge to 11-Year Low
Uploaded: 2021-12-07T04:16:03.000Z
Description: China's debt-trapped real estate company Evergrande saw its shares plunge to an 11-year low on Monday. after it said there was no guarantees that it could repay its mammoth debt. The company's debt currently stands at altogether more than $300 billion.

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China's debt-trapped real estate company Evergrande saw its shares plunge to an 11-year low on Monday. after it said there was no guarantees that it could repay its mammoth debt. The company's debt currently stands at altogether more than $300 billion.

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