Chinese property firm Kaisa suspended share trading in Hong Kong on Wednesday as questions swirl over its ability to make repayments and contagion spreads within the country's debt-ridden real estate sector. The Chinese government sparked a crisis within the property sector when it launched a drive last year to curb excessive debt among real estate firms, such as Kaisa and
Chinese property firm Kaisa suspended share trading in Hong Kong on Wednesday as questions swirl over its ability to make repayments and contagion spreads within the country's debt-ridden real estate…
HONG KONG/SHANGHAI: Teetering Chinese property giant China Evergrande formally abandoned plans to sell a $2.6 billion stake in one of its key units on Wednesday, as Beijing officials went out in force to say the problems would not spin out of control.