The Hong Kong stock exchanges says share trading of the debt-laden Chinese property developer China Evergrande Group has been suspended.
HONG KONG — Share trading of debt-laden Chinese property developer China Evergrande Group was suspended in Hong Kong on Thursday, according to a notice on the Hong Kong stock exchange.
The suspension comes after Bloomberg News reported that the chairman of Evergrande, Hui Ka Yan, had been taken away earlier this month and placed under police watch according to people with knowledge of the matter.The Associated Press is an independent global news organization dedicated to factual reporting.
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