Monday, January 2, 2017

Evergrande raises $4.3 bln new capital for its China backdoor listing

HONG KONG, Jan 3 (Reuters) - China Evergrande Group

said it would sell 13.16 percent of the enlarged

shares in a property subsidiary to eight investors for a total

30 billion yuan ($4.32 billion), as part of its Shenzhen

backdoor listing plan.

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