China Evergrande to raise US$5bil from property unit sale – Global Times

HONG KONG: Distressed developer China Evergrande will sell a half-stake in its property management unit to Hopson Development for more than $5 billion, Chinese media said on Monday, after both Evergrande and Hopson requested trading halts ahead of a major transaction. Read full story

Source : https://www.thestar.com.my/business/business-news/2021/10/04/china-evergrande-to-raise-us5bil-from-property-unit-sale—global-times