Evergrande could be about to sell property management unit in scramble to raise cash – CNN

Evergrande might be about to promote its property administration unit in scramble to boost money

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Evergrande might be about to promote its property administration unit in scramble to boost money

[ad_1] Cailian Information, a Chinese language state-run monetary information outlet, reported Monday that Hopson Growth was planning to imagine management of Evergrande’s property administration arm by shopping for a stake of about 51% in a deal that might be price greater than 40 billion Hong Kong {dollars} ($5.1 billion). Chinese language state-run tabloid Global Times … Read more