News Snapshot:
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 mainland property administration providers supplier is providing 1.62 billion shares at an indicative value vary of HK$8.5 and HK$9.75, equally splitting them...
