The Hong Kong stock exchanges says share trading of heavily indebted Chinese property developer China Evergrande Group has been suspended.
FILE - The Evergrande Group headquarters logo is seen in Shenzhen in southern China's Guangdong province, on Sept. 24, 2021. Share trading of debt-laden Chinese property developer China Evergrande Group was suspended in Hong Kong on Thursday, Sept. 28, 2023, according to a notice on the Hong Kong stock exchange. – Share trading of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong on Thursday, according to a notice on the Hong Kong stock exchange.
Shares of Evergrande closed at 32 Hong Kong cents on Wednesday. The company had resumed trading on Aug. 28 after a 17-month hiatus.
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