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Chinese developer Kaisa shares suspended in Hong Kong

Chinese developer Kaisa shares suspended in Hong Kong

News
Eamonn Sheridan
05/11/2021 | 01:12 GMT

Shares of Kaisa Group Holdings Ltd. and several units suspended from trading in Hong Kong on Friday morning

  • Kaisa Capital Investment Holdings Ltd.,
  • Kaisa Health Group Holdings Ltd.
  • Kaisa Prosperity Holdings Ltd. also halted

No reason yet given for the suspension. Of course, the China property sector has been facing liquidity pressure.

Kaisa's USD bonds lost ground in October.

Info via Bloomberg

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