Evergrande resumed the stock price on the second day of the stock price fell 14% at on

The stock price of Evergrande Group, a Chinese housing company, fell again after the opening on Tuesday (August 29), and the decline once exceeded 14%.

The group that was trapped in the debt mud was suspended for 17 months, and officially resumed trading on Monday (August 28) on Monday (August 28).Shortly after the opening of the day, Evergrande's stock price fell more than 80%, and the decline narrowed to 79%at the time of closing.

Reuters reported that Evergrande's stock price fell 14.3%after the opening on Tuesday.According to Google's real -time information, as of 9:39 am, the decline has narrowed significantly to 2.86%.

Evergrande, which was once one of China's largest real estate developers, had debt defaults in 2021. As of the end of last year, its total loan was as high as RMB 2.437 trillion (about S $ 460 billion).

In the middle of this month, Evergrande applied for bankruptcy protection in the United States, that is, a measure to protect its US assets during the restructuring period.