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Shimao Slumps 58% After Posting Steep Losses in Delayed Results

(Bloomberg) -- Shimao Group Holdings Ltd. slumped by the most ever as trading resumed following a 16-month halt and the defaulted Chinese developer disclosing steep losses the past two years in long-delayed results, underscoring the sector’s lingering financial stress.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Ex...
Hong Kong Bloomberg Businessweek Sunac China Holdings Ltd Shimao Group Posts Losses Bloomberg Shimao Group Holdings Ltd China Evergrande Group
Source: yahoo.com

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EMEA Morning Briefing : Stocks to Tread Water as Recession Fears Gain Traction - Stock market news

MARKET WRAPS Watch For: U.K. Halifax house price index, S&P Global/CIPS Construction PMI, Bank of England Decision Maker Panel data; Germany industrial production index; trading updates from Sberbank, Finnair, Babcock International Group, B... | 12:16am
Saudi Arabia Good Friday New South Wales Marija Veitmane Lukman Otunuga Andrew Hunter

European Midday Briefing : Stocks Edge Higher on -2- - Stock market news

Russian President Vladimir Putin told the new U.S. ambassador to Moscow that Washington was responsible for the war in Ukraine, in comments that underscored the extent to which the relationship between Washington and Moscow has frayed over the past yea... | 05:57am
United States Lisa Shalett Volodymyr Zelensky Robertf Kennedy Jr Maria Lvova Belova Marianne Williamson

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