China Evergrande’s property administration arm launching US$2 billion IPO as developer seeks to pare large debt

by admin November 22, 2020 November 22, 2020 China Evergrande’s property administration arm launching US$2 billion IPO as developer seeks to pare large debt

2020-11-22 12:16:14

Evergrande Property Providers, a unit of mainland China’s largest and most indebted developer China Evergrande Group, is trying to increase as much as HK$15.8 billion (US$2.04 billion) from an preliminary public providing in Hong Kong subsequent week, a transfer that can permit its dad or mum to pare again its large debt.The…

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