Hong Kong developer quits the stock market as Evergrande fallout spreads

Hong Kong Chinese Estates Holdings plans to go private after its stock was slammed by fallout from the crisis at Evergrande.

The Hong Kong developer had seen its shares plunge as much as 44% this year to their lowest level in nearly two decades as Evergrande teetered on the edge of collapse. Chinese Estates is the second largest shareholder in Evergrande after founder and chairman Xu Jiayin.

Man quits stock market after losing money. Is this really a story? Weve all had experiences of this! It's part of the game.

Thousands of pro-democracy activists in Hpakant took the streets in defiance of Genocidal Dictatorship even tho Junta still cut off the internet in the area & showed their strong support to NUG,KIA & PDF. ASEAN_RejectSAC Oct7Coup WhatsHappeningInMyanmar

The world's gambling casino means little to the millions who lack enough food or healthcare to stay alive. We need a new economy that is stable and built around renewable resources and serves the needs of all. Speculation, greed, and instability has failed us miserably.

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Hong Kong stocks are 'undervalued' but the outlook is still rocky, warns strategistStocks around the world have seen a choppy start to the final quarter of 2021 as concerns linger around issues such as rising bond yields and Evergrande Group. 👎 nice
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