Open Demo Account
Home / Market Update / Forex Market / China’s Evergrande Sales Drop 39% in 2021

China’s Evergrande Sales Drop 39% in 2021

Adel 5 January, 2022 5:03 pm Forex Market, Market Update

The total sales of Evergrande, the Chinese real estate developer, declined in 2021 by 39% to 443 billion yuan, or 69 billion dollars, from 723 billion yuan in 2020.

It is reported that the company’s shares were suspended from trading on the Hong Kong Stock Exchange on January 3, as Evergrande suffers from a major debt crisis.

Tags

Check Also

Oil Prices Fall as U.S. Moves to Import $2 Billion in Venezuelan Crude, Adding to Supply Concerns

Oil prices declined on Wednesday after U.S. President Donald Trump said Washington had reached an …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends