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Shares of Evergrande suspended on Hong Kong stock exchange

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Hong Kong, 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: JEROME FAVRE). SHOT LIST: PEDESTRIANS WALK PAST A STOCK TICKER OUTSIDE EXCHANGE SQUARE, THE BUILDING HOUSING THE HONG KONG STOCK EXCHANGE, IN HONG KONG.

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

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  • Evergrande suspends securities trading on Hong Kong Stock Exchange

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