Shares of China Evergrande Group tumbled on Jan. 27, a day after the debt-saddled developer announced a six-month preliminary restructuring proposal in a bid to quell its uneasy bondholders. Evergrande, wrestling with liabilities of over $300 billion at home and aboard, “will continue to listen carefully to the opinions and suggestions of the creditors,” Chairman Hui Ka Yan said in a Jan. 26 filing (pdf) to the Hong Kong Stock Exchange. “It aims to come up with a preliminary restructuring proposal in the next six months,” the filing reads. Earlier that day, executives told creditors in a long-awaited call that the company hoped to work with them to achieve a risk management solution. The latest moves hardly pleased investors as the company’s shares dropped as much as 9.6 percent on Jan. 27 to a nearly two-week low to HK$1.70 ($0.2182). That compared to a 2.6 percent drop in the benchmark …