After a comeback last week, Kaisa shares are suspended once more - although this time the property developer is trying to set its house in order.
Kaisa fleshed out some details of a restructuring it plans to undertake over the coming year on Monday, hours after it requested that its shares be suspended from the Hong Kong stock exchange.
The beleaguered group had previously been suspended trading for six weeks following problems at its projects in Shenzhen which emerged in December. Rival Sunac announced a buyout earlier this month and Kaisa subsequently said it had averted a default by paying $23m interest due on a note on January 8.
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