Hong Kong Stock Exchange suspended Evergrande from trading: How big is the problem - explains Analyst Kushal Gupta
Anil Singhvi, Managing Editor at Zee Business said the news that shares of distressed developer China Evergrande and its profitable property management unit were suspended from trade in Hong Kong on Monday and speculation about a possible asset divestment at the cash-strapped company resulted in action in shares of real estate companies.
Hong Kong Stock Exchange suspended Evergrande from trading.