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AP National Business

Global shares retreat after Evergrande shares suspended

By ELAINE KURTENBACH AP Business Writer Global stocks have fallen, with Hong Kong’s benchmark down more than 2% after troubled property developer China Evergrande’s shares were suspended from trading. Shares fell in Paris, Frankfurt and Tokyo. U.S. futures also declined. A Chinese financial news service said another developer planned to acquire Evergrande’s property management unit.

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