Hong Kong has once again suspended trading in Evergrande as it waits for news on its restructuring plans.
The heavily indebted real estate developer, which defaulted on its international debts last year alongside a host of its peers, is expected to release “inside information” this week regarding its plans and the fate of international investors.
International investors in Evergrande, which operates mostly on the Chinese mainland, have been frequently left in the dark over its status and in January warned of potential legal action over a lack of engagement.
