Holy snarkies - it’s happening.
Embattled China Evergrande shares halt trading
HONG KONG, Jan 3 (Reuters) - China Evergrande Group (3333.HK) shares will be suspended from trading on Monday, the embattled property developer said without giving a reason.
Evergrande, the world’s most indebted developer, is struggling to repay more than $300 billion in liabilities, including nearly $20 billion of international market bonds that were deemed to be in cross-default by ratings firms last month after it missed payments.
https://www.reuters.com/markets/europe/china-evergrande-shares-halt-trading-2022-01-03/