Investors took advantage of falling markets on Evergrande
News of the imminent collapse of one of China's largest developers, Evergrande, dragged the world markets with it. But there is no talk of a new “Lehman Brothers moment,” analysts vying with each other. What's happening On Tuesday, September 21, Evergrande's quotes in Hong Kong, already the lowest in a decade, collapsed by another 7% after the publication of S&P Global Ratings that the company was on the verge of default.