Shares of China Evergrande suspended as chairman under police watch

by Aurelia Butler 28 September 2023, 01:13 119 Views

HONG KONG (Reuters) – Trading in shares of China Evergrande (HK:3333) were suspended on Thursday after a report that its chairman had been placed under police surveillance, stoking concerns over the developer’s future as it struggles with a growing threat of liquidation.

The stock last closed at HK$0.32.

Source: Economy - investing.com

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Shares of China Evergrande suspended as chairman under police watch

Bank of America faces $105.8 billion loss amid banking industry recovery

Argentina’s Bullrich rules out borrowing more from IMF if victorious

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