Trading in shares of Chinese real estate developer Kaisa was halted

 Evergrande looked likely to officially default for the first time.

https://www.cnbc.com/2021/12/08/trading-of-chinese-property-developer-kaisa-shares-halted-in-hong-kong.html


Beijing seeks to orchestrate slow-motion collapse for Evergrande

Officials face challenge untangling heavily indebted group while minimising damage to property sector

FT 7 December 2021

https://www.ft.com/content/21acda99-ee35-4f6d-8cfa-017d55e1bb10


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