Evergrande
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. Evergrande suspends trading of its shares amid reports of the potential demolition of its mega island project Finance 2021 was one of the best years ever for stocks. We would like to show you a description here but the site wont allow us. We would like to show you a description here but the site wont allow us.
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We would like to show you a description here but the site wont allow us. The chairman of China Evergrande Group Hui Ka Yan sold 12 billion shares in the company at an average price of HK223 each on Thursday. The tide has turned on Chinese asset buyers and their grab for land in Hong Kong after a regulatory crackdown on leveraged acquisitions by Chinese regulators in 2017.
Evergrande will NOT pay the 255M that is due tomorrow and ALL the Ratings Agencies will HAVE to declare them in DEFAULT before the End of the Yearmeanin.
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