A Hong Kong court has postponed a court hearing on troubled Chinese property developer Evergrande’s winding-up petition to Jan. 29.
Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week.
An official Chinese survey says the country's factory activity has recorded its first expansion in six months.
Asian markets are mixed, with only a few open due to public holidays across the region.
Asian shares were mostly lower Thursday in subdued trading on looming worries about China property woes.
The Hong Kong stock exchange says trading of shares of heavily indebted Chinese property developer China Evergrande Group has been suspended.