Evergrande Seeks to Resume Trading After Shares Were Halted in March 2022
- Defaulted developer applies to trade on Aug. 28 in Hong Kong
- Property firm says it has met all trading requirements
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China Evergrande Group, the defaulted developer at the heart of the country’s real estate crisis, applied to resume stock trading after a 17-month halt, saying it has fulfilled all the listing requirements.
Evergrande is seeking to restart trading in Hong Kong on Aug. 28, ending a suspension that began in March last year, according to a filing Friday. The property developer released long-delayed earnings last month for 2021 and 2022, helping it meet requirements to resume trading.