RE: Evergrande shares suspended in Hong Kong amid acquisition rumours - theold - 04-10-2021
Cailian, a Chinese online news service affiliated with the state-run newspaper Securities Times, said another developer, Hopson Development Holdings, was planning to acquire a majority share in Evergrande Property Services Group.
Trading in Hopson's shares was also suspended on Monday in Hong Kong, "pending the release of announcement[s] in relation to a major transaction of the company under which the company agreed to acquire the shares of a company ... listed on the stock exchange", it said in a filing.