Evergrande Group asks stock exchange to resume trading

It suspended its trading last 28 September following its executive director’s case.

China Evergrande Group said it applied to the Stock Exchange for the resumption of its trading starting 9 am on 3 October 2023.

It can be recalled that it suspended its trading last 28 September 2023, following recent news about its executive director, Hui Ka Yan, who was put on mandatory measures due to alleged illegal activities.

“The Board is of the view that there is currently no other inside information in relation to the Company that needs to be disclosed,” read the statement.

It also asked holders of the Company’s securities and potential investors of the Company to exercise caution when dealing in the securities of the Company.