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Evergrande suspends trading in Hong Kong shares.

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发表于 2022-4-25 18:09:21 | 显示全部楼层 |阅读模式
本帖最后由 PANDAEA66 于 2022-4-25 18:18 编辑




"Evergrand", a Chinese real estate giant suspend trading of  
shares on the Hong Kong Stock Exchange While the company is facing a huge debt crisis.

On January 3, 2022, CNN reported that Evergrand said inslot xoits IPO filings with the Hong Kong Stock Exchange that the suspension of trading of its shares will continue until further notice, however, Evergrand did not give a specific reason.

This Chinese real estate giant has about $300 billion in debt. In recent months, analysts have expressed concern that If this real estate giant goes bankrupt This could cause a crisis in the Chinese real estate market. which affects the homeowner and the broader financial system

Earlier, the US Federal Reserve warned that Problems in the Chinese real estate sector may damage the global economy.

Last December, "Fitch Ratings", one of the world's top three credit ratings firms, announced that Evergrande. The largest private company in China It is the country's No. 1 real estate company with a "restricted default" after failing to pay off US$82.5 million in foreign bond interest.

Last week, Evergrande's shares rose slightly. After this real estate giant stated that The Risk Management Committee is using the company's resources. and will work together actively with creditors

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