The Chinese real estate company Evergrande is shaking. The mountain of debt is gigantic and due dates can no longer be fully serviced. Observers expect the Chinese government to break it up. The trading of the Evergrand stock has been halted in Hong Kong.
“Trading in the shares (stock code: 03333) of China Evergrande Group (the Company’) will be halted at 9:00 a.m. today (4/10/2021). Accordingly, all structured products relating to the Company will also be halted from trading at the same time.”
The heavily indebted Chinese real estate company Evergrande suspended trading in its shares on the Hong Kong Stock Exchange at the beginning of the week without giving any reason.
“Trading in the shares of China Evergrande Group will be halted ... Read even more
