Six Evergrande executives cashed in their investments just as the companys. 300 billion is roughly equivalent to the entire public debt of Portugal.
It then moved into the dairy grain and oil businesses.

Evergrande news english. Evergrande took control of Guangzhous soccer club in 2010 and spent billions of dollars on foreign players. China Evergrande Group is the most indebted Chinese property developer almost defaulting. Evergrande could collapse under a debt of over 300 billion.
On Sep 20 2021. Chinese property giant admits to misconduct by executives. Evergrande is the worlds most indebted real estate developer.
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