By Metro US
Posted on
HONG KONG (Reuters) – Shares of China Evergrande Group rose more than 5% on Thursday as hopes of a managed debt restructuring calmed fears of a messy corporate collapse after the developer missed a debt payment deadline this week.
Evergrande’s shares, which hit a record closing low on Wednesday, rose as much as 5% to HK$1.82.
(Reporting by Anne Marie Roantree; Editing by Christopher Cushing)
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Airman shot by deputy doted on little sister and aimed to buy mom a house, family saysPanarin scores OT winner, Rangers take commanding 3-0 series lead with 3-2 win over Canes
Virginia judge to decide whether state law considers embryos as property
