Trading was halted in China Evergrande, China Evergrande New Energy Vehicle Group, and Evergrande Property Services, after the verdict. Shares were already trading down as much as 20% before the hearing on Monday.
This company has liabilities of over $300 Billion.😲. Not Roubles but Dollars. One of many such companies over there. Staggering.
Don't expect a quick sale of West Brom any time soon. If I was an investor negotiating with Lai, I would end talks and walk away.