HONG KONG -- Embattled Chinese property developer Logan Group's shares lost over half their value in Hong Kong Wednesday as the stock resumed trading after a three-month halt.
Markets
China developer Logan Group plunges 51% after share trading restart
Debt-saddled company has warned over first-half loss, stock suspended since May
China's property market has taken a beating as sales dropped amid repeated COVID-19 lockdowns while developers were hit by a wave of debt defaults. © Reuters
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