Skip to Content

Month: October 2021

Evergrande could be about to sell its property management unit in scramble to raise cash

By Michelle Toh, CNN Business Shares in Evergrande were suspended Monday amid reports that a rival Chinese real estate developer was preparing to buy its property management business — a move that could inject much needed cash into the ailing conglomerate. Cailian News, a Chinese state-run financial news outlet, reported Monday that Hopson Development was

Continue Reading