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Added on the 09/04/2015 12:34:37 - Copyright : Reuters EN
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.
Hong Kong, Nov 4 (EFE/EPA).- Hong Kong stocks fell at the start of trading with Alibaba plunging nearly 10 percent Wednesday after the debut of its financial unit Ant Group was suspended in Hong Kong and Shanghai. (Camera: JEROME FAVRE). B-ROLL OF THE BUILDING HOUSING THE HONG KONG STOCK EXCHANGE, IN HONG KONG, CHINA.
Shanghai (China), Jul 21 (EFE / EPA) .- (Camera: Aleksandar Plavevski) Ant Financial, a tech-financial subsidiary of Chinese e-commerce giant Alibaba, announced it is preparing simultaneous IPOs in the Hong Kong and Shanghai parks.FOOTAGE OF ALIBABA IN SHANGHAI.
The Hong Kong-Shanghai Stock Connect celebrates its first anniversary, but what was hailed as the big opening for Chinese markets hasn’t been quite as successful as investors hoped. Meg Teckman reports.
Hong Kong officials unveiled plans for an alternative route to the airport after a recent collision revealed the city’s dependence on the Lantau link that connects Chek Lap Kok airport to the main island, reports the South China Morning Post.