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…
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.
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.
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.
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