Published 2 months ago

Evergrande: China property giant suspends shares as police target chairman

Shares of China Evergrande Group were suspended as concerns grew about the developer's future and increasing liquidation risk.
Evergrande, with over $300 billion in liabilities, represents a debt crisis in China's property sector.
The company's founder, Hui Ka Yan, has reportedly been placed under police watch and is being monitored at a designated location.

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BBC News

Evergrande: China property giant suspends shares amid reports of detained leaders

The stricken Chinese property giant suspends shares as reports emerge of its chairman being taken.

2 months ago·United Kingdom

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The Guardian

Evergrande halts share trading as woes mount for China’ property giant

Suspension comes a month after developer resumed trading and follows its chair reportedly being put under police surveillanceEmbattled Chinese property giant Evergrande has suspended share trading on the Hong Kong stock exchange only a month after it resumed trading after a 17-month suspension.Trading in its two other units – the property services and electric vehicle groups – also stopped at 9am on Thursday, according to notices posted by the s…

2 months ago·London, United Kingdom

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Reuters

Evergrande shares halted as concerns mount about developer's prospect

Trading in shares of China Evergrande Group was suspended on Thursday after a report that its chairman had been placed under police watch, as concerns mounted about the cash-strapped developer's future amid growing liquidation risk.

2 months ago·United Kingdom

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Associated Press News

Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong

The Hong Kong stock exchange says trading of shares of heavily indebted Chinese property developer China Evergrande Group has been suspended.

2 months ago·United States

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abc News

Trading of shares of debt-laden property developer China Evergrande suspended in Hong Kong

The Hong Kong stock exchanges says share trading of the debt-laden Chinese property developer China Evergrande Group has been suspended

2 months ago·United States

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CNN

Evergrande shares suspended from trading as liquidation concerns mount

Shares in embattled Chinese developer Evergrande Group and its two subsidiaries were all suspended from trading in Hong Kong on Thursday, after fears grew about its ability to restructure its mammoth debt and stave off a liquidation of the business.

2 months ago·Atlanta, United States

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