The Evergrande Center in Shanghai seen on September 22 with China’s national flag on the foreground. The developer’s debt burden continues to dominate market attention. Photo: AFP
The Evergrande Center in Shanghai seen on September 22 with China’s national flag on the foreground. The developer’s debt burden continues to dominate market attention. Photo: AFP

Hong Kong stocks surge as China injects more liquidity amid speculation Evergrande to avert full-blown default

  • Stocks rallied on mounting speculation Evergrande to restructure debt and stem a sector-wide crisis as China’s central bank injected more liquidity
  • Mainland markets also gained following a record streak of robust trading volume in Shanghai and Shenzhen

Topic |   Evergrande crisis
The Evergrande Center in Shanghai seen on September 22 with China’s national flag on the foreground. The developer’s debt burden continues to dominate market attention. Photo: AFP
The Evergrande Center in Shanghai seen on September 22 with China’s national flag on the foreground. The developer’s debt burden continues to dominate market attention. Photo: AFP
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