The Chinese Evergrande continues to maintain its importance due to the economic weight it has undertaken in the country and the significant area it occupies in employment.
China's Evergrande, which is heavily indebted, announced that its sales last year fell 39 percent compared to the previous year, to 443 billion yuan ($ 69.5 billion), while its shares will start trading again today.
INSIDE INFORMATION LEAKED
Evergrande announced that the shares, which were suspended yesterday due to the leak of insider information, will start trading again at 0800 CET.
Evergrande shares were last traded at 1.59 Hong Kong dollars.
INSTRUCTIONS TO DESTROY THE HOLIDAY DOCUMENT
It was confirmed that authorities had ordered the demolition of 39 buildings in the resort town of Hainan, before the shares announced that they would start trading again.
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