HONG KONG (Reuters) – Shares of China Evergrande were set to extend losses on Wednesday after sources told Reuters that some of its offshore creditors are planning to join a winding-up court petition filed against the embattled developer if it doesn’t submit a new debt revamp plan by next month.
Evergrande’s Hong Kong-listed shares were set to open down 3.8% at HK$0.38.
(Reporting By Anne Marie Roantree; Editing by Himani Sarkar)
