34.7 C
Bangkok
Sunday, May 12, 2024

China developer Evergrande plunges on resuming Hong Kong trading

Shares in troubled Chinese property giant Evergrande in Hong Kong plummeted more than 80 percent on Monday after it resumed trading.

HONG KONG – Shares in troubled Chinese property giant Evergrande plummeted more than 80 percent in Hong Kong on Monday morning after the lifting of a 17-month trading suspension.

The resumption of trading came after the company said in a filing on Friday that it had met guidelines set out by the bourse, including belatedly publishing its…

Read more…

Latest Articles