Evergrande shares roar back after trading suspension lifted


Source: upi.com upi.com

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Shares in embattled Chinese property developer Evergrande Group came roaring back on the Hong Kong stock market Tuesday after being suspended for two days in the wake of founder and chairman Hui Ka Yan being placed under home arrest by mainland authorities. File Photo by MNXANL/ Wikimedia Commons Oct. 3 (UPI) -- Shares in the embattled Chinese property giant Evergrande Group jumped by more than 28% as trading in the stock resumed in Hong Kong Tuesday after being suspended for two days. The stock ended the day at 5.2 cents after soaring to as high as 6 cents on the...