Troubled developer Evergrande’s shares slump after unit sale falls through • FRANCE 24 English

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FRANCE 24 English published this video item, entitled “Troubled developer Evergrande’s shares slump after unit sale falls through • FRANCE 24 English” – below is their description.

Shares in the Chinese real estate giant Evergrande have slumped by more than ten percent in Hong Kong, after an offer to buy its property management unit fell through. The company’s stock had been suspended from trading for two weeks while the potential offer was being considered. Evergrande is facing a liquidity crisis after missing several debt payments in the past month. Also today, why the price of a second-hand smartphone could be about to rise in France.

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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