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

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Published 6:50 PM

By ZEN SOO
Associated Press

HONG KONG (AP) — The Hong Kong stock exchanges says share trading of the debt-laden Chinese property developer China Evergrande Group has been suspended. The suspension follows a news report that the chairman of Evergrande, Hui Ka Yan, had been taken away earlier this month and placed under police watch. Shares of Evergrande closed at 32 Hong Kong cents on Wednesday.

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