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Evergrande, property management arm’s shares suspended from trading in Hong Kong


China Evergrande Group, the world’s most indebted property developer, and its property management arm had their shares suspended from trading on Monday morning in Hong Kong.It was not immediately clear why the embattled developer’s shares were suspended.A regulatory filing with the Hong Kong stock exchange only said that the shares of Shenzhen-based Evergrande and its Evergrande Property Services Group unit had been halted and “all structured products relating to the company will also be halted…

Source : South China Morning Post
Read more…Evergrande, property management arm’s shares suspended from trading in Hong Kong

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