The trading of debt-riddled property behemoth Evergrande has been halted on the stock market exactly a month since it relisted. On Thursday afternoon AEST, the Chinese property developer entered into a trading halt, according to the Hong Kong stock exchange. At the time of the close, its shares were tradingContinue Reading
The woes of debt-ridden Chinese property giant Evergrande just got a whole lot worse after 87 per cent of its market value was wiped away in less than a month. Of that, 25 per cent was lost in a single day, on Monday local time, following some bad news forContinue Reading
A massive collapse in China is sending economic shockwaves around the world — including in Australia where the dollar has been hit even further and the share market has dropped. Shares in Chinese property giant Country Garden plunged on Monday after it missed bond payments and warned of multibillion-dollar losses,Continue Reading