World Business Quick Take – 台北時報

• PROPERTY

  Evergrande halts trading

  Troubled Chinese property developer giant China Evergrande Group (恆大集團) and all its units yesterday morning suspended trading in Hong Kong, it said in a notice to the Hong Kong Stock Exchange, without giving a reason. “Accordingly, all structured products relating to the company will also be halted from trading at the same time,” the notice said. Shares of Evergrande Property Services Group Ltd (恒大物業) and China Evergrande New Energy Vehicle Group Ltd (恆大新能源汽車) were suspended. The suspension — the second this year — comes ahead of an expected US$2 billion repayment obligation tomorrow, and another US$1.4 billion next month.

  SOFTWARE

  Bing suspends auto-suggest

  Microsoft Corp’s Bing, the only major foreign search engine available in China, said a “relevant government agency” has required it to suspend its auto-suggest function in China for seven days. The suspension marks the second of its kind for Bing since December, and arrives amid an…

Read Full Story: https://www.taipeitimes.com/News/biz/archives/2022/03/22/2003775216

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