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Evergrande shares jump after trading suspension lifted

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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