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Март
2023

Shares in Chinese developer Kaisa plunge as trading resumes

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Debt-laden Chinese property developer Kaisa's share price hit a record low on Friday as trading resumed following an 11-month trading halt, with the company saying it is in negotiations with creditors. Shares fell as much as 41 percent to a record low of HK$0.5 (about six US cents) on Friday morning, after the trading halt was lifted as a result of the data release.














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