Shares in Evergrande are up, after it resuming trading yesterday.
The shares had been suspended after the embattled Chinese developer was ordered to demolish 39 properties in Hainan.
Shares in Evergrande, which has lost almost 90% of its value over the last year, bounced back by 10% after the developer said the demolition of the buildings would not affect the rest of its Hainan resort project. They later fell back to just a 2% rise.
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Including:
The site will be turned into 261 short stay serviced bedrooms
Rising remote and video appeals offer an opportunity to reduce space
JV plans for 166,500 sq ft of Grade A urban logistics development granted
The 82-acre land has a potential to deliver 1.2m sq ft of logistics space
