You are here

Evergrande to raise 30b yuan for its Shenzhen backdoor listing

Hong Kong

CHINA Evergrande Group said it would sell 13.16 per cent of the enlarged shares in a property subsidiary to eight investors for a total 30 billion yuan (S$6.3 billion), as part of its Shenzhen backdoor listing plan.

Evergrande said in October that it planned to inject

sentifi.com

Market voices on:

Powered by GET.comGetCom