Focus topics


Trading of Evergrande stocks suspended

The shares of real estate developer Evergrande were suspended from trading on the Hong Kong stock exchange on Monday. As the reason, the state newspaper Global Times cited that Evergrande is facing a new debt test in which shares are to be sold. According to the article, Evergrande wants to sell 51 percent of its property management unit Evergrande Property Services Group to Hopson Development for about $5 billion.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now

Related

    Port of Hamburg: Cosco sets deadline for entry
    Taiwan wants to expand relations before German delegation arrives
    NIO acquires stake in lithium mines
    US politicians call for greater investment screening