Shares were mixed in Asia after major Chinese property developer Evergrande said a plan to sell its property management arm to a smaller rival had fallen through.China Evergrande Group’s shares HK:3333 tumbled nearly 12% while shares in Evergrande Property Services.
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China Evergrande Calls Off Plans to Sell Key Unit for $2.6 BillionChina Evergrande Group called off plans to sell a majority stake in its property-management unit for the equivalent of $2.6 billion, a major setback in the real-estate giant’s attempts to ease its liquidity crunch The reasons why Chinese eat bats and everything.. Do I have to do anything? Um I would. Its funner that way even though it might sound or look funny, lol 2.6?
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China Evergrande shares briefly plunge more than 10%, after $2.6 billion asset sale falls throughChina Evergrande shares briefly fell more than 10% Thursday after a deal fell through to sell part of its services unit to Hopson Development Holdings. I can’t even believe they are still listed tbh Is Evergrande too big to fail?
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