September 18, 20231:42 AM UTCUpdated ago
HONG KONG, Sept 18 (Reuters) - Shares of embattled developer China Evergrande Group (3333.HK) plunged 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigation that could add to the property company's woes.
The stock was down 25% at HK$0.465 in early morning trade, the lowest in two weeks.
Reporting By Donny Kwok, Editing by Anne Marie Roantree and Muralikumar Anantharaman
Our Standards: The Thomson Reuters Trust Principles.