China’s Evergrande applies to resume Hong Kong trading

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Its shares were suspended a day after boss Xu Jiayin was reportedly held by police.

HONG KONG: Heavily indebted Chinese property giant Evergrande said it had applied to the Hong Kong stock exchange to resume trading its shares in the city tomorrow morning.

The real estate behemoth announced last Thursday its chief was suspected of “illegal crimes” following the suspension of its shares from trading that day.

 

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