Embattled property giant China Evergrande suspended trading in its shares in Hong Kong on Monday pending an announcement on a “major transaction,” as the firm struggles in a sea of debt and faces a default. The halt comes as reports said Hong Kong real estate firm Hopson Development Holdings planned to buy a 51% stake in […]
Tag: shares
Posted inBeijing, China, Shanghai
Chinese shares hit 2-year low
Posted inUncategorized