Evergrande Sees Temporary Rebound in Share Price After Selling 11% Stake in Hong Kong Firm

Aug 04, 2021

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*Under the leadership of founder Xu Jiayin, center, Evergrande has expanded into a diverse range of business arenas. Now it is eager to shed some bulk. (Image: VCG)*

Following a tumultuous first half of 2021, China Evergrande Group rebounded during Monday trading at the Hong Kong Stock Exchange as it made moves to sell off assets and stabilize its debt-ri…

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