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China Evergrande shares slide 6% in early trade – Metro US

China Evergrande shares slide 6% in early trade

FILE PHOTO: China Evergrande Group in Beijing
FILE PHOTO: China Evergrande Group in Beijing

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

(Reporting By Anne Marie Roantree; Editing by Sam Holmes)