China Evergrande Shares Slide 6 Percent in Early Trade

A woman rides an escalator at an Evergrande Plaza shopping mall in a residential compound developed by China Evergrande Group in Beijing, China on Sept. 22, 2021. (Carlos Garcia Rawlins/Reuters)

HONG KONG—Shares of cash-strapped China Evergrande fell as much as 6 percent in early trade on Friday, paring gains of nearly 18 percent the previous day as time ticked by on an interest payment deadline for the country’s most indebted developer.