Zhongxin Finance, March 21. On the 21st, Evergrande Real Estate Group Co., Ltd. announced that China Evergrande Group, the controlling shareholder of Evergrande Real Estate Group, will temporarily suspend trading from March 21, 2022.
In order to ensure fair information disclosure and protect the interests of the majority of investors, upon the application of Evergrande Real Estate, all surviving corporate bonds of Evergrande Real Estate will be suspended from the market opening on March 21, 2022.
On March 21, China Evergrande announced that it will temporarily suspend trading on the Hong Kong Stock Exchange from 9:00 a.m. on March 21, 2022, pending an announcement by the company containing inside information.