Evergrande

The developers stock sank by as much as. Its main business is in real estate and its Chinas second-largest property developer by sales.

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Evergrande has more than 305 billion in liabilities making it the most indebted company in the world.

Evergrande. Evergrande is everywhere. That debt has helped buy the company. The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could.

Evergrande the worlds most indebted property developer is crumbling under the weight of more than 300 billion of debt and warned more. Evergrande needs to pay a 232 million yuan 36 million coupon on an onshore bond the same day.

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