Shares of Developer China Evergrande are expected to rise 6.6% as the Reuters reform
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HONG KONG (Reuters) – China’s Evergrande Group shares are expected to rise 6.6% on Tuesday as a troubled manufacturer approaches a months-long restructuring of global markets and the world’s second-largest economy.
Evergrande stocks, which went down on Monday, are expected to open at HK $ 1.93.
The world’s largest debtor said on Monday he had set up a risk management committee that included officials from government agencies who could significantly help “reduce and eliminate future risks” to the group.
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