Fantasia Holdings

Evergrande resumes trading in Hong Kong

Shares in troubled Chinese property giant Evergrande plummeted more than 80 percent in Hong Kong yesterday morning after the lifting of a 17-month trading suspension.

The resumption of trading came after the company said in a filing on Aug. 25 that it had met guidelines set out by the bourse, including belatedly publishing its financial results and complying with other listing rules.