Embattled Chinese property firm Evergrande soars 20% after trading resumes in Hong Kong

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Embattled Chinese property firm Evergrande soars 20% after trading resumes in Hong Kong
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Shares of embattled Chinese property giant Evergrande surged over 20% after it resumed trading in Hong Kong on Tuesday.

Shares of embattled Chinese property giant Evergrande surged after it resumed trading in Hong Kong.Evergrande's market valuation has been hovering around 5 billion Hong Kong dollars , a fraction of its value prior to theover suspected crimes. Hui Ka Yan was"subject to mandatory measures in accordance with the law due to suspicion of illegal crimes," Evergrande

"The Board is of the view that there is currently no other inside information in relation to the Company that needs to be disclosed," the company said in a more recent statement late Monday.New World Developmentcongestion pricing

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