Shares of Kaisa Team, a Shenzhen-dependent developer, have been suspended from trading on Friday in Hong Kong. The company’s subsidiaries, which were also halted from investing, cited a “pending” announcement about the group in stock trade filings. Whilst Kaisa did not disclose additional aspects for the motive behind the suspension, it experienced explained the past working day that it was struggling with “unprecedented pressure” on its funds. Chinese condition-run economical newspaper Securities Instances reported Thursday that the organization advised the outlet about its liquidity problems, and admitted to lacking a payment linked to its prosperity management merchandise. Kaisa did not promptly answer to a request for further more comment. According…