After 17 months, shares of Chinese property giant Evergrande returned to trading in Hong Kong for the first time on Monday.
Even so, its shares suffered a severe fall of around 80% amid ongoing uncertainty in the country's real estate sector.
Earlier, the company reported a loss of 33 billion yuan ($4.5 billion) in the first half of 2023.
Although the loss is seen as severe, it is better than the 66.4 billion yuan ($9.1 billion) loss recorded for the same period in 2022.
According to a filing with the Hong Kong Stock Exchange, Evergrande said that the company's directors have taken several steps to improve the group's liquidity and finances.
The firm also added that its revenue for the first six months of the year had jumped 44% to 128.2bn yuan from a year earlier.
However, its cash reserves reportedly fell by 6.3% in the same period.
Evergrande shares have been suspended since March last year, where the company has lost more than 95% of its market capitalization since its peak in 2017.
Meanwhile, also on Monday, Beijing halved the 0.1% tax on stock trading to stimulate capital markets and boost investor confidence.
Major stock indexes in Hong Kong and China traded higher following the news.
