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China Evergrande shares plunge 87% as trading ban lifted

HONG KONG — China Evergrande Group shares opened 87% lower on Monday, their first trading day following a suspension of more than 17 months.

Shares in the embattled real estate developer opened at 0.22 Hong Kong dollars. Trading had been halted since March 21, 2022, when shares were priced at HK$1.65.

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