China Evergrande flags drop in sales | Reuters News Agency
Business & Finance

China Evergrande flags drop in sales

On Sept 14, Reuters was four seconds ahead of the competition when China Evergrande Group flagged that a significant drop in its property sales would continue through the month due to concerns over its debt. 

Market Impact

Shares of the cash-strapped developer fell to a six-year low following the news. 



Article Tags
Topics of Interest: Business & Finance
Type: Reuters News First
Sectors: Equities
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
The China Evergrande Centre is seen in Hong Kong, China. August 25, 2021. REUTERS/Tyrone Siu/File Photo
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