Evergrande shares drop 25% after detainment of wealth management staff
China Evergrande Group’s woes continue as part of its wealth management unit were detained. Image source: Dinkun Chen via Wikimedia Shares of China Evergrande Group dropped sharply by 25% yesterday after police detained some of its wealth management staff. The news suggests an additional investigation for the world’s most indebted property company. Evergrande…