Evergrande shares rise as they resume trading after suspension
by Mark Sweney from World news | The Guardian on (#5TMHA)
China's second-biggest developer halted trading after it was was told to demolish 39 buildings in Hainan
Shares in the embattled Chinese property developer Evergrande rose on Tuesday after they resumed trading on the Hong Kong stock exchange following a suspension.
China's second-biggest developer halted trading on Monday after receiving an order from authorities at Danzhou city in Hainan on 30 December telling it to demolish 39 under-construction buildings at the Ocean Flower Island project.
Continue reading...