Property News · August 28, 2023

Evergrande shares plunge as trading resumes after 17-month halt, opening door for investors to flee amid developer’s debt workout


The developer, which still faces winding-up petitions in Hong Kong, the Cayman Islands and the British Virgin Islands, said it has “been actively pursuing legal measures to resolutely oppose” these suits.

Source : South China Morning Post
Read more…Evergrande shares plunge as trading resumes after 17-month halt, opening door for investors to flee amid developer’s debt workout