Evergrande Founder Faces Probe as Hong Kong Trading Resumes
TL;DR
Evergrande, the embattled Chinese property developer, is set to resume trading on the Hong Kong stock exchange after a four-day suspension, as its founder, Hui Ka Yan, faces a probe by Chinese authorities. The company's shares plummeted last week amid concerns over its massive debt burden and potential default, causing widespread market turmoil.
- Live news: Evergrande to resume Hong Kong trading as founder faces probe Financial Times
- Evergrande chairman probed over offshore assets: WSJ Reuters
- China Evergrande’s Founder: The Rise and Fall of Hui Ka Yan The New York Times
- Shares of Evergrande and its property unit jump in Hong Kong South China Morning Post
- Evergrande shares volatile as trade resumes amid chairman probe Reuters
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