Evergrande: Debt is now over $305

Evergrande debt is now over $305 billion. The world’s most indebted real estate company is on the brink of collapse, and the news sent global markets tumbling. Why is Evergrande in trouble? Evergrande expanded aggressively to become one of China's biggest companies by borrowing more than $300bn. The severely indebted real estate developer China Evergrande , already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another ... China’s Evergrande , once its top property developer, faces liquidation and delisting. A timeline from halted projects to debt default and asset sell-offs.