Trading of Evergrande, Hopson shares suspended in Hong Kong

Oct 04, 2021 AlShorts Web Desk

Trading of the shares of China's Evergrande and Hopson Development Holdings were suspended in Hong Kong. It comes after Hopson Development Holdings was reportedly said to be planning to acquire a majority share in Evergrande Property Services Group. However, Evergrande's filings did not reveal why the trading was suspended in Hong Kong.