Evergrande Sells Guanghui Stake - Business News, Finance News, Share Market News - Market trendz

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Monday 2 November 2020

Evergrande Sells Guanghui Stake



Nov.01 -- Cash strapped developer China Evergrande Group has raked in more than $2 billion after selling its 41% stake in Xinjiang Guanghui Industry Investment Group. It comes weeks after its Hong Kong share sale fell short of its target. Bloomberg’s Charlie Zhu reports on “Bloomberg Daybreak: Asia.”
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