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Trading of shares of heavily indebted property developer China Evergrande suspended in Hong Kong

Por: ABC News Business September 28, 2023

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HONG KONG -- Trading in shares of heavily indebted Chinese property developer 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. Evergrande is the world’s most heavily indebted real estate developer and is at the center... + full article



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