https://www.fapjunk.com https://pornohit.net london escort london escorts buy instagram followers buy tiktok followers Ankara Escort Cialis Cialis 20 Mg

Evergrande stock trading suspended in Hong Kong as chairman under surveillance

Must read

Sep. 28, 2023 3:11 AM ETChina Evergrande Group (EGRNF)By: Manshi Mamtora, CFA

China Evergrande Center as Evergrande

LewisTsePuiLung/iStock Editorial via Getty Images

  • Shares of China Evergrande (OTC:EGRNF) were suspended from trading in the Hong Kong stock market on Thursday after reports of its chairman, Hui Ka Yan, being placed under police watch.
  • On Wednesday, Evergrande’s shares ended about 16% lower at 32 Hong Kong cents.
  • Trading in its stock had been halted in March last year and didn’t resume until August 28, a 17-month gap.
  • Evergrande (OTC:EGRNF), which has over $300B in debt, has been trying to generate money by selling assets and shares to pay its suppliers and creditors.

Recommended For You

Comments

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

More articles

Latest article