Stock Groups

Shares of property services unit of China developer Kaisa set to slide as trading resumes -Breaking

by Mike Robinson

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© Reuters.

HONG KONG, (Reuters) – Shares in Kaisa Prosperity a unit of Chinese property developer Kaisa Group fell 9.4% Tuesday after trading resumed. This was a day following Kaisa Group’s statement that liquidity problems would not affect their operations.

Kaisa Capital and Kaisa Health were both set to open flat upon resumed trading.

Kaisa Group is still in liquidation and shares of the company are being suspended.

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