Evergrande chair banned from securities market
BEIJING: Chinese regulators will ban the chairman of property giant Evergrande from the securities market for life on grounds of financial fraud, a subsidiary of the company said on Monday. Heavily indebted Evergrande has become a potent symbol of the yearslong crisis in China’s property market, a crucial pillar of growth in the world’s second-largest […]
T Kauer 
BEIJING: Chinese regulators will ban the chairman of property giant Evergrande from the securities market for life on grounds of financial fraud, a subsidiary of the company said on Monday.
Heavily indebted Evergrande has become a potent symbol of the yearslong crisis in China’s property market, a crucial pillar of growth in the world’s second-largest economy.
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