Trading halt for China developer Kaisa stokes fresh jitters in property sector

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Trading halt for China developer Kaisa stokes fresh jitters in property sector
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Suspension comes amid concerns Kaisa, China’s largest holder of offshore debt after Evergrande, is unlikely to meet a $400m repayment deadline

Trading in shares of embattled Chinese developer Kaisa Group Holdings have been suspended on the Hong Kong stock exchange, prompting fresh nerves about the financial stability of the country’s massive property sector.

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