Press "Enter" to skip to content

Chinese developers’ shares collapsed mysteriously in Hong Kong

A number of Chinese mainland property developers see their Hong Kong-listed stocks crash without warning in afternoon trading, led by Jiayuan International Group Ltd. and Sunshine 100 China Holdings Ltd. which was down by more than 80 per cent in a matter of minutes.

Jiayuan International Group, the mainland-based developer which is behind the T Plus micro flat project in Tuen Mun, Hong Kong, plunged 80.6 per cent to HK$2.52 at the close, with HK$26 . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

Top