Several large Chinese property stocks stopped as part of a wave of share suspensions for Hong Kong-listed companies that couldn’t publish annual results on time
Several large Chinese property stocks stopped trading Friday as part of a wave of share suspensions for Hong Kong-listed companies that couldn’t publish annual results on time.
The city’s exchange operator, Hong Kong Exchanges & Clearing Ltd. , said 32 stocks were suspended for failing to meet a reporting deadline at the end of March. Companies involved include major real-estate companies like Sunac China Holdings Ltd. , China Aoyuan Group Ltd. , Shimao Group Holdings Ltd. and Kaisa Group Holdings Ltd.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trade halted in over 30 Hong Kong-listed firms over results delayAt least 33 firms see trading in their shares halted in Hong Kong after they failed to report annual results, compounding worries about the transparency of debt restructurings and further credit rating downgrades
Read more »
Trading in over 30 Hong Kong-listed firms halted on results delayThe Hong Kong stock exchange suspended from trade on Friday the shares of Chinese developers such as Sunac China , Shimao Group and Kaisa Group , and about 30 other firms for a delay in declaring annual results.
Read more »
Game On: Developers Finally Get to Test Pandemic-Built Games at GDC 2022At GDC22, dozens of games built during the pandemic got tested in-person by other developers for the first time. We got to see what they're working on — and found out why they missed this event so much!
Read more »
Investors Lose Taste for Chinese Consumer StocksSurging commodity prices triggered by the war in Ukraine threaten to eat into profits of consumer-product makers, while Covid-19 lockdowns in China have dented demand for some goods.
Read more »
Nio Stock Forecast: NIO ignores Shanghai lockdown as Chinese covid cases rise$NIO stock rose 3.2% to $21.88 on Tuesday. Nio reported Q4 earnings on March 24 that missed EPS estimates but beat on revenue. 6,000 new covid infections were reported in Shanghai by claymarkets stocks trading
Read more »
Crypto Stocks Fail to Benefit from Bitcoin's Recent RallyICYMI: cryptocurrency mining stocks have lost more than half of their value since November Bitcoin BTC $BTC
Read more »