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Economy Real Estate

Evergrande’s Shares Sold at $1.2 Billion Loss

Evergrande’s second-biggest shareholder, Chinese Estates Holdings, is selling its entire 6.5% stake in Evergrande with a loss of about $1.2 Billion.

#Evergrande #Investing #HeiseSays

Evergrande’s second-biggest shareholder, Chinese Estates Holdings, is selling its entire 6.5% stake in Evergrande with a loss of about $1.2 Billion.

References

Evergrande’s second-biggest shareholder plans to sell entire stake

https://www.investing.com/news/economy/evergrandes-secondbiggest-shareholder-plans-to-sell-entire-stake-2624122