HONG KONG, March 21 — Troubled Chinese property developer giant Evergrande and all its units suspended trading in Hong Kong Monday morning, according to a notice to the stock exchange.
Shares of Evergrande Property Services Group and China Evergrande New Energy Vehicle Group were suspended. Earlier struggles to pay suppliers and contractors due to the debt crisis led to sustained protests from homebuyers and investors at the group’s Shenzhen headquarters in September.