Indebted Evergrande set to lift additional cash from partial sale of its property providers unit

Indebted Evergrande set to lift additional cash from partial sale of its property providers unit

[ad_1] Aerial photograph taken on Sept. 17, 2021 exhibits a housing complicated by Chinese language property developer Evergrande in Huaian, China’s jap Jiangsu province. Stringer | AFP | Getty Photographs Indebted developer Evergrande is about to promote a part of its stake in its property providers unit, the second asset sale in as many weeks … Read more

Hong Kong’s Cling Seng index drops 2% amid Evergrande buying and selling halt

Hong Kong's Cling Seng index drops 2% amid Evergrande buying and selling halt

[ad_1] SINGAPORE — Asian markets had been combined in Monday commerce, with the Hang Seng index in Hong Kong tumbling greater than 2% following its return from a Friday vacation. Buying and selling in shares of China Evergrande was halted, as investor concern surrounding the indebted property developer returned. Buying and selling within the shares … Read more