Trading of shares of debt-laden property developer China Evergrande suspended in Hong Kong

Sep 28, 2023

The Hong Kong stock exchanges says share trading of the debt-laden Chinese property developer China Evergrande Group has been suspended

HONG KONG (AP) — Share trading of debt-laden Chinese property developer China Evergrande Group was suspended in Hong Kong on Thursday, according to a notice on the Hong Kong stock exchange.

The suspension comes after Bloomberg News reported that the chairman of Evergrande, Hui Ka Yan, had been taken away earlier this month and placed under police watch according to people with knowledge of the matter.

Shares of Evergrande closed at 32 Hong Kong cents on Wednesday.

More News

US seeks to revoke citizenship of 2 China-born men convicted in Beijing-linked cases

The US Justice Department (DOJ) is seeking to revoke the citizenship of a former Navy sailor convicted of spying for China and a Florida man convicted of conspiring to act as an agent of Beijing, it announced on Monday. Jinchao Wei and Ping Li are among 40 people facing denaturalisation actions in what the department described as the largest batch of such filings under the Trump administration. The civil proceedings remain pending, with no determination of liability, the DOJ said. The case...

US seeks to revoke citizenship of 2 China-born men convicted in Beijing-linked cases

US accuses mainland China of targeting Taiwan leader’s family in surveillance case

The United States has accused mainland China of hiring an American citizen of Chinese origin to surveil the family of Taiwanese leader William Lai Ching-te, days after President Xi Jinping’s state visit to Washington. The Federal Bureau of Investigation on Sunday arrested 34-year-old Zhang Wanying at Los Angeles International Airport, alleging that she attempted to flee the country and charged her with acting as an unregistered agent for the Chinese government. The FBI accused her of surveilling...

US accuses mainland China of targeting Taiwan leader’s family in surveillance case

Hong Kong must scrap housing plan and preserve golf course

The hotly contested court battle over government plans to build 12,000 public flats on Hong Kong’s oldest golf course has played its final round. The government decided not to appeal against a ruling that held its approval of an environmental impact assessment (EIA) report on the project to be unlawful. This is better than pursuing a further attempt to persuade the courts to uphold a fatally flawed process. Now, a broader review of the plans can be undertaken in light of the Court of Appeal’s...

Hong Kong must scrap housing plan and preserve golf course

Mainland Chinese favour diplomacy to achieve Taiwan reunification with caveats: survey

Mainland Chinese prefer coercion over military force to settle the “reunification question” with Taiwan, and their opinion of the US remains low, although they favour engaging with Washington on trade and security. These are the results from the latest survey of mainland citizens, conducted between April 16 and June 26. This straddled the first summit between US President Donald Trump and Chinese President Xi Jinping in Beijing but came before the second one in Washington last month. “The...

Mainland Chinese favour diplomacy to achieve Taiwan reunification with caveats: survey

Beijing wanted more from Xi’s state visit to Washington

Xi Jinping’s state visit to Washington in September was steeped in pageantry. The Chinese president received two 21-gun salutes in three days, watched a flyover by the powerful B-2 stealth bomber, and viewed the founding documents of American democracy at the National Archives. US President Donald Trump called his summit with Xi a “great meeting” and rated it a “12 out of 10”. Xi was also positive, saying “everything is done to the highest order of perfection, and there is thought in every...

Beijing wanted more from Xi’s state visit to Washington

Bogota mayor presses Chinese-led consortium for more metro workers as auditors flag delays

Bogota mayor Carlos Fernando Galan has called on the Chinese-led consortium building the city’s first metro line to send more workers to its stations, after the country’s top auditor warned that delays in several parts of the project could push back its opening in March 2028. “We are entering a critical stage, which is the final stretch,” Galan said in an interview published by local news magazine Semana on Monday. “We have to ask Metro Linea 1 to get moving and put more staff in the...

Bogota mayor presses Chinese-led consortium for more metro workers as auditors flag delays

US search for missing airmen in China gains new attention after Xi-Trump summit

For more than eight decades, the remains of US fighter pilot Morton Sher lay unrecovered in China. A photograph of a memorial to him in a Hunan village eventually helped investigators find where his plane crashed in 1943. Sher was buried in his hometown of Greenville, South Carolina, in December 2025, a homecoming that offers a rare example of what US-China cooperation can achieve for families of missing servicemen. That cooperation has now drawn fresh attention. After the recent summit between...

US search for missing airmen in China gains new attention after Xi-Trump summit

Bid to turn 14 subsidised Hong Kong sale flats into subdivided homes raises abuse concerns

The owners of 14 subsidised sale flats have applied for a grace period to comply with Hong Kong’s new regulatory regime for subdivided homes, the housing minister has revealed, raising concerns that public resources were being abused. The cases were disclosed on Monday at a Legislative Council housing panel meeting when lawmaker Mark Chong Ho-fung asked Secretary for Housing Winnie Ho Wing-yin about the use of subsidised sale flats as subdivided units for renting. Chong said flats sold under the...

Bid to turn 14 subsidised Hong Kong sale flats into subdivided homes raises abuse concerns

France, Germany call for new weapon allowing ‘immediate cut off’ of China from EU market

In the strongest sign yet of a shifting European Union policy on China, the leaders of France and Germany have demanded a new trade weapon that would cut off access to the EU market when third countries cause severe distortions. The tool would effectively act as a kill switch, allowing Brussels to respond rapidly to systemic distortions, potentially immediately. It would grant dramatic new powers to the European Commission, the EU’s executive branch, which manages trade policy for the 27-member...

France, Germany call for new weapon allowing ‘immediate cut off’ of China from EU market

Hong Kong IVF clinic cleared to resume all services after embryo specimen mix-up

A Hong Kong fertility clinic that had most of its services suspended for mishandling embryo biopsy specimens from two patients has been cleared to fully resume all treatments after implementing improvement measures. The Council on Human Reproductive Technology said on Monday that Heal Fertility in Central could resume all 17 treatment services covered by its licence from Tuesday, after members reviewed the findings of a follow-up inspection and confirmed the clinic had properly implemented the...

Hong Kong IVF clinic cleared to resume all services after embryo specimen mix-up

Authorities investigate viral drone footage of National Day fireworks display

Hong Kong aviation authorities are investigating suspected illegal drone flying over Victoria Harbour during last week’s National Day fireworks display, after privately shot footage of the show went viral online. The footage drew the attention of local internet users after a mainland visitor, who came to Hong Kong during the “golden week” holiday, posted clips of the 23-minute display on his social media account over the weekend. The man, who calls himself Su Fan on RedNote, a popular platform...

Authorities investigate viral drone footage of National Day fireworks display

Mainland Chinese arrivals to Hong Kong surged at start of ‘golden week’ holiday

Mainland Chinese arrivals to Hong Kong surged at the start of the National Day “golden week” holiday before easing towards last year’s levels, with a lawmaker attributing the early rush partly to the city’s fireworks display and tourists making the most of a shorter break. Immigration Department figures showed that 277,304 mainland visitors arrived on October 1, up 19.1 per cent from 232,751 on the first day of last year’s holiday and 25.1 per cent from the 221,644 recorded in 2024. “The...

Mainland Chinese arrivals to Hong Kong surged at start of ‘golden week’ holiday

Recommended