HONG KONG—China Evergrande Group shares were suspended from trading on Monday pending the release of “inside information,” the embattled property developer said without elaborating.
Evergrande, the world’s most indebted property developer, is struggling to repay more than $300 billion in liabilities, including nearly $20 billion of international market bonds that were deemed to be in cross-default by ratings firms last month after the company missed payments.
