HONG KONG: Shares of China Evergrande Group are set to open down 14.3% on Tuesday, exending losses from the previous day when the embattled developer lost $2.2 billion, or 79% of its market value.

China Evergrande loses $2.4bn in value as trade resumes after 17 months

On Monday, shares of the world’s most indebted property firm resumed trading after a 17-month halt in a crucial step for the developer to restructure its offshore debt.