Evergrande shares in trading halt in Hong Kong
The prospect of default by debt-burdened Chinese property group has raised fears of contagion.
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In a brief statement to the Hong Kong Stock Exchange, troubled Chinese property giant Evergrande said trading in its shares would be halted from 9am local time.
Speculation has been swirling for weeks over a likely debt default by Evergrande, whose short-term debts totalled RMB240 billion ($53b)
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