News > Embattled Chinese firm, Evergrande, suspends share trading again
Embattled Chinese firm, Evergrande, suspends share trading again
Dais Newsfeed | 04/01/2022 09:22 AM | Click to read full article
China Evergrande Group shares will be suspended from trading on Monday, the embattled property developer said without giving a reason.
Evergrande, the world’s most indebted developer, is struggling to repay more than $300 billion in liabilities, including nearly $20 billion of international market bonds that were deemed to be in cross-default by rating firms last month after it missed payments.