You are here

Evergrande has ally against shorts as billionaire Lau invests

Shanghai

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

sentifi.com

Market voices on:

Powered by GET.comGetCom