Embattled Chinese developer Evergrande's debt troubles pile on

Evergrande's shares have been down 51 per cent since the start of the year. PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

BEIJING - Intensified worries over whether China's biggest home builder - and the world's most indebted property developer - can pay off its dues have raised the question if a bailout may be imminent.

Evergrande Group is among the companies in the government's cross hairs as China seeks to curb the growing debt problems of its high-flying private firms.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.