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Evergrande suspends securities trading on Hong Kong Stock Exchange

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Shenzhen/Beijing, Oct 4 (EFE/EPA).- The indebted Chinese real estate giant Evergrande said Monday it had suspended trading of its securities listed on the Hong Kong Stock Exchange, without offering further details on the matter.The group reported this suspension, which also affects "all structured products related to the company," in a statement issued through the Hong Kong stock market, which returned to activity Monday after a three-day hiatus.The company climbed 15 percent on the stock market Wednesday after announcing the sale of a large part of its shares in a bank to a state company and after the debt rating agency Fitch lowered the rating of the group's long-term debt due to the uncertainty about its offshore bonds. (Camera: ARCHIVE). ARCHIVE FOOTAGE OF THE EVERGRANDE GROUP HEADQUARTERS BUILDING IN SHENZHEN, GUANGDONG PROVINCE; AND THE EVERGRANDE CITY PLAZA IN BEIJING, CHINA.

Added on the 04/10/2021 14:00:00 - Copyright : EFE Inglés

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