You are here

Evergrande has ally against shorts as billionaire Lau invests

Thursday, July 20, 2017 - 05:50


IT TURNS out China Evergrande Group, the indebted developer which earlier this year fought off short sellers, had a hidden ally.  

Chinese Estates Holdings Ltd, the company controlled by Hong Kong billionaire Joseph Lau and his family, bought HK$8.1 billion (S$1.4 billion

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom