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Exchange: Hong Kong closes at -0.45%, Evergrande at -12.54%

2021-10-21T09:47:51.838Z


The company, after the suspension of more than two weeks to conduct the negotiations, made a splash (ANSA)


Hong Kong closes negative weighed down by Evergrande's return to trading after the failure of the sale of the 50.1% package of the subsidiary Evergande Property Services to the Hopson group for 2.58 billion dollars: the Hang Seng index drops 0.45% , at 26,017.53 points.

Evergrande, on the other hand, after being suspended for more than two weeks to conduct negotiations, dropped by 12.54%, to Hk $ 2.58.

The company, which has $ 305 billion in debt, said there is "no guarantee that the group will be able to meet its financial obligations" due to the critical liquidity situation. 

Source: ansa

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