China Evergrande crashes 87% to become a penny stock as the former $50 billion real estate giant reveals more steep losses

China Evergrande crashes 87% to become a penny stock as the former $50 billion real estate giant reveals more steep losses

China's property sector is central to its economy.Getty Images <ul> <li>Shares of China Evergrande crashed 87% as trading resumed after a 17-month halt.</li> <li>The once-$50 billion property develo… [+2069 chars]

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