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China Evergrande Soars After Property Developer s Stocks Resume Trading

China Evergrande Soars After Property Developer s Stocks Resume Trading
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No letup in concerns seen over Evergrande stock leap

No letup in concerns seen over Evergrande stock leap
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

China Evergrande Soars After Property Developer s Stocks Resume Trading - New Delhi Times - India s Only International Newspaper

Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up nearly 16% after jumping more than 60% early in the session. Evergrande is the world’s most heavily indebted real estate developer and is at the center of…

China Evergrande soars after property developer s stocks resume trading

Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week. Evergrande is the world’s most heavily indebted real estate developer and is at the center of a property market crisis that is dragging on China’s economic growth. The company’s stock was suspended from trading last week as it confirmed Chinese police were investigating its chairman, Hui Ka Yan, on “suspicion of illegal crimes.”

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