Shares of Evergrande, a Chinese real estate developer, have been suspended on the Hong Kong exchange after reports emerged that its chairman is under surveillance. This is not the first time Evergrande's shares have been suspended, with trading being halted in March last year and only resuming in August after 17 months. The company recently delayed a debt restructuring meeting with creditors, citing lower-than-expected sales. Additionally, an investigation into its subsidiary Hengda Real Estate has prevented Evergrande from issuing new notes under its debt restructuring plan.

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