HONG KONG -- The Hong Kong-listed shares of midsize mainland Chinese developer Zhenro Properties Group plunged over 80% at their lowest Friday as concerns grew over the company's heavy debt load.
China debt crunch
Chinese developer Zhenro's stock crashes 81% on debt worries
Asia-Pacific's fourth-largest junk bond issuer met with a sudden sell-off
A construction site of residential apartment blocks in Beijing. © Reuters
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