China Evergrande shares will resume trading today, Monday, 28 August 2023

<p>The news for the embattled property giant has not been encouraging, this is the latest from a couple of weeks back:</p><ul><li><a href="https://www.forexlive.com/news/chinas-2nd-largest-property-development-group-has-filed-bankruptcy-protection-in-the-us-20230817/" target="_blank" rel="follow" data-article-link="true">China's 2nd largest property development group has filed bankruptcy protection in the US</a></li><li>total liabilities stood at 2.388 tn yuan at the end of June</li><li>it recorded a net loss of 39.25 bn yuan in H1 this year</li></ul><p>The stock reopens for trade today in Hong Kong after a 17-month suspension. </p><p>Perhaps the Wall Street Bets folks will be on the bid? </p>

This article was written by Eamonn Sheridan at www.forexlive.com.