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World's most indebted developer in another fight

Mon, May 01, 2017 - 5:50 AM

Hong Kong

THE world's most indebted developer is duking it out with short-sellers again.

China Evergrande Co has spent HK$6.3 billion (S$1.1 billion) in a buyback spree since March 29, two days after short interest started climbing from a trough. Such battles between Evergrande and...

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