Shares of Chinese developers frozen after results deadline missed

HKEX suspends trading in 32 companies failing to release even unaudited earnings

20220401 Kaisa

Kaisa Group Holdings was among the Chinese developers which failed to release financial results by the March 31 deadline.  © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- The Hong Kong Stock Exchange suspended trading in the shares of 32 companies on Friday after they missed the bourse's deadline the previous day to submit their annual financial results.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.