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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: HKex Suspends Evergrande Share, Products Trade
Trading in shares and structured products for China Evergrande Group were suspended on Monday by the Hong Kong stock exchange with mainland markets shut through most of this week for a public holiday.
"Trading in the shares of China Evergrande Group will be halted at 9:00 a.m. today (Monday). Accordingly, all structured products relating to the Company will also be halted from trading at the same time," an exchange notice said.
The exchange did not provide a reason for the trading halt. Evergrande's shares and debt prices have plummeted in the past two months on market concerns the highly indebted property developer could default on payment.
The company did not issue a statement on its website as of early Monday.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.