Why should I care about the crisis-hit Chinese property giant Evergrande?
BBC News
The stricken companies shares have been removed from the Hong Kong stock market.
Evergrande Group
Former Chinese property development company
The China Evergrande Group was a Chinese property developer, and it was the second largest in China by sales. It was founded in 1996 by Hui Ka Yan. It sold apartments mostly to upper- and middle-income dwellers. Evergrande was incorporated in the Cayman Islands, a British Overseas Territory, and headquartered in the Houhai Financial Center in Nanshan District, Shenzhen, Guangdong Province, China.
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