[Breaking] China Evergrande's 2nd Largest Shareholder 'Huayin Real Estate' Suspends Stock Trading in Hong Kong
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[Asia Economy Reporter Kim Suhwan] Chinese second-largest real estate company Evergrande Group's second-largest shareholder, Huayin Real Estate (Chinese Estate), had its trading suspended shortly after a surge on the Hong Kong stock market.
On the 29th, Bloomberg reported that Huayin Real Estate's trading was suspended immediately after its shares surged 33% from the previous trading day to 2.90 Hong Kong dollars on the Hong Kong stock exchange.
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The media reported that the reason for the trading suspension was not disclosed.
This content was produced with the assistance of AI translation services.
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