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PROPERTY REVIEW: Evergrande woes
Summary by China Economic Review
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PROPERTY REVIEW: Evergrande woes
A potential sale of a controlling stake in China Evergrande’s property management business has offered a fresh test of investor appetite for Chinese real estate assets, as liquidators seek to recover funds from one of the country’s largest corporate collapses. Asia-focused investment firm PAG has entered exclusive negotiations to acquire a 51.016% stake in Evergrande […]
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