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Beleaguered property giant China Evergrande suspended trading of its shares in Hong Kong on Thursday, according to notices posted by the bourse, as the debt-ridden company grapples with severe financial difficulties. The move — which also saw its property services and electric vehicle units paused — comes a day after Bloomberg reported that its billionaire […]
Beleaguered property giant China Evergrande suspended trading of its shares in Hong Kong on Thursday, according to notices posted by the bourse, as the debt-ridden company grapples with severe financial difficulties. The move — which also saw its property services and electric vehicle units paused — comes a day after Bloomberg reported that its billionaire […]
The post China’s Evergrande Group halts trading in Hong Kong appeared first on Insider Paper.
https://insiderpaper.com/chinas-evergrande-group-halts-trading-in-hong-kong/
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