Business
Contagion worries as Chinese property developer Sinic sinks 87pc – Sydney Morning Herald
The move comes as Hong Kong’s property gauge dropped the most since May 2020 amid growing investor angst about China’s real estate…
Sinic Holdings Group has halted trading after an 87 per cent slump in its shares on Monday afternoon.
The Shanghai-based developer didnt give any reason for the trading halt in Hong Kong. The sudden selloff in the last two hours leading up to the suspension…
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