Mounting troubles: A file photo of the China Evergrande Centre in Hong Kong. The trading of the company’s property services and electric vehicle groups’ shares has also been halted — AFP
Hong Kong: Beleaguered property giant China Evergrande suspended trading of its shares on the Hong Kong stock exchange yesterday, according to notices posted by the bourse, as the debt-ridden company grapples with severe financial difficulties.
Trading in its two other units – the firm’s property services and electric vehicle groups – also stopped at 9am local time, according to the notices.
