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Evergrande ≠ Lehman

Evergrande Real Estate Group updatesSign up to myFT Daily Digest to be the first to know about Evergrande Real Estate Group news. In case you hadn’t noticed, or hadn’t bothered to read Alphaville, Monday was a bruising one for stocks. On the continent, the Stoxx 600 closed down 1.7 per cent on the day, its sixth worst day of the year, with German bourse the Dax taking the most pain with a fall of 2.3 per cent. In the land of the free (underwritten by VCs), the S&P 500 dropped 1.7 per cent also, with mega cap tech, small caps and cyclicals bearing the most pain.Why? Well, it seems the world has woken up to the liquidity problems at Evergrande -- China’s largest, and most indebted, real estate developer. As we wrote only yesterday, the company has been in trouble for some

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Evergrande Real Estate Group updates

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