![[Breaking] China Evergrande's 2nd Largest Shareholder 'Huayin Real Estate' Suspends Stock Trading in Hong Kong](https://cphoto.asiae.co.kr/listimglink/1/2021092216464137984_1632296801.jpg)
[Asia Economy Reporter Kim Suhwan] Chinese second-largest real estate company Evergrande Group's second-largest shareholder, Huayin Real Estate (Chinese Estate), had its trading suspended shortly after a surge on the Hong Kong stock market.
On the 29th, Bloomberg reported that Huayin Real Estate's trading was suspended immediately after its shares surged 33% from the previous trading day to 2.90 Hong Kong dollars on the Hong Kong stock exchange.
The media reported that the reason for the trading suspension was not disclosed.
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