China Evergrande Shares Tumble as Trade Resumes Without $2.6 Billion Deal

China Evergrande Shares Tumble as Trade Resumes Without $2.6 Billion Deal
The company logo on the headquarters of China Evergrande Group in Shenzhen, Guangdong Province, China, on Sept. 26, 2021. Aly Song/Reuters
Updated:

Shares of China Evergrande Group fell by as much as 13.6 percent on Thursday as trade resumed in the latest blow to the debt-saddled developer, whose woes have rattled global markets.

The development comes after a two-week suspension in trade that started on Oct. 4.