Trading halt for China developer Kaisa stokes fresh jitters in property sector

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Suspension comes amid concerns Kaisa, China’s largest holder of offshore debt after Evergrande, is unlikely to meet a $400m repayment deadline

Trading in shares of embattled Chinese developer Kaisa Group Holdings have been suspended on the Hong Kong stock exchange, prompting fresh nerves about the financial stability of the country’s massive property sector.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is this like a house of cards situation?

good noon ready fot bad news?

horrible

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in PROPERTY

Property Property Latest News, Property Property Headlines