Evergrande shares halted after Hong Kong court orders liquidation
Shares of China Evergrande were halted after plunging over 20% in early trading on Monday after a Hong Kong court ruled to liquidate the embattled property developer.
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Shares of China Evergrande were halted after plunging over 20% in early trading on Monday after a Hong Kong court ruled to liquidate the embattled property developer.
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Romano Sala Tenna of Katana Asset Management says “2024 is going to be a period of low growth. When you do have low growth, you do need to look at trying to buy that growth through [mergers and acquisitions].”
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