World News@lemmy.worldEnglish · 2 years ago

China Evergrande shares sink 25% after wealth unit staff detained

www.reuters.com

cross-posted to:
worldnews@lemmit.online

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China Evergrande shares sink 25% after wealth unit staff detained

www.reuters.com

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World News@lemmy.worldEnglish · 2 years ago

cross-posted to:
worldnews@lemmit.online

Shares of embattled developer China Evergrande Group plunged as much as 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigation that could add to the property company's woes.

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