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Shares of debt-laden conglomerate China Evergrande Group (3333.HK) and its subsidiaries have been suspended from trading on the Hong Kong stock exchange.
China Evergrande New Energy Vehicle Group Limited (China Evergrande New Energy Vehicle Group Limited, 078.HK) Evergrande Motor and Evergrande Property Services (6666.HK) also requested trading suspensions on Thursday.
China Evergrande's shares were hit hard last week after it announced the cancellation of a $35bn debt restructuring deal.
China Evergrande shares closed down 19 per cent on Wednesday and are down about 42 per cent so far this week.
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