The shares of China Evergrande Group will be suspended from trading on Monday pending the release of “inside information,” reported Reuters.

Evergrande, the world’s most indebted developer, is battling to repay more than $300 billion in liabilities, including nearly $20 billion in international market bonds that rating companies assessed to be in cross-default last month after it missed payments.

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The property developer also skipped new coupon payments totalling $255 million that were due last Tuesday, despite the fact that each had a 30-day grace period.

The company has formed a risk management committee composed of numerous representatives from state-owned enterprises and has stated that it would closely interact with its creditors.

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Over the weekend, local media reported that a city administration on the Chinese resort island of Hainan had ordered Evergrande to demolish its 39 residential complexes within 10 days owing to unlawful construction.

The structures covered 435,000 square meters, according to the reports, which cited an official notice sent to Evergrande’s Hainan unit.

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Evergrande scaled-down plans to reimburse investors in its wealth management products on Friday, saying each investor may expect to receive 8,000 yuan ($1,257) every month as principal payment for three months, regardless of when the investment matures. The move underscores the property developer’s tightening financial situation.

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“The market is watching the asset disposal progress from Evergrande to repay its debt, but the process will take time,” said Conita Hung, investment strategy director at Tiger Faith Asset Management.

“And the demolition order in Hainan will hurt the little homebuyer confidence remaining in the company,” he added.

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Evergrande announced last week that after three months of effort, 91.7% of its nationwide projects had restarted construction. Previously, several projects were suspended because the developer failed to pay its numerous suppliers and contractors.

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Evergrande’s stock dropped 89% last year. Its electric vehicle unit, China Evergrande New Energy Vehicle Group, recovered early losses to surge 6% by late morning markets on Monday, while its property management unit, Evergrande Services, fell 3%.