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From $50 billion to collapse, investors assess the impact of Evergrande's market affair

  • FREDERICK ASAMOAH
  • Aug 22
  • 1 min read

China Evergrande Group largely lived up to its reputation -- it was previously the leading developer in the country, with its 2009 listing in Hong Kong being the largest by a Chinese private developer, and it held the highest level of debt in the global property sector.

This characteristic remained with the company throughout its entire boom-to-bust narrative -- its delisting from the Hong Kong stock exchange on Monday will mark one of the most significant in terms of market value and volume in recent years.

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