Indebted Evergrande looks to sell Hong Kong headquarters again

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Troubled Chinese property developer Evergrande has found a potential buyer for its $1.1 billion Hong Kong headquarters - Copyright AFP ISAAC LAWRENCE Troubled Chinese property developer Evergrande has found a potential buyer for its Hong Kong headquarters, reports said Thursday, days before an expected announcement of the firm’s long-awaited restructuring plans. CK Asset Holdings, founded by Hong Kong billionaire Li Ka-shing, said it had submitted a tender for the 26-storey building, which is currently valued at HK$9 billion ($1.1 billion) according to Hong Kong media. Evergrande has been involved in restructuring negotiations after racking up $300 billion in liabilities, as...