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Evergrande boss sells stake to pay debts

Reuters, 26 Nov 2021
The chairman of China Evergrande Hui Ka Yan sold shares in the company worth about $344 million and a government body has taken over the group’s soccer stadium with a view to selling it, as the debt-laden property developer scrambles to meet liabilities.

#Evergrande #News #Reuters #China #Default #HuiKaYan

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