Reuters: Financial Services and Real Estate: Trading in Greentown China shares halted - HKEx

Reuters: Financial Services and Real Estate Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Trading in Greentown China shares halted - HKEx Jun 8th 2012, 01:22 HONG KONG, June 8 | Thu Jun 7, 2012 9:22pm EDT HONG KONG, June 8 (Reuters) - Trading in shares of property developer and hotel operator Greentown China Holdings Ltd will be suspended on Friday pending a statement, the Hong Kong bourse said on Friday. It gave no further details. Last week, Chinese developer Fosun International said it had started a civil action in a Shanghai court over the acquisition of a plot of land on Shanghai's Bund. Rival developer SoHo China said last December it had bought a 50 percent stake in the Shanghai commercial project for 4 billion yuan ($630 million) from Greentown China Holdings and several other domestic firms.

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