An Evergrande residential construction site in Guangzhou, Guangdong province. Photo: Reuters

Evergrande sells Hengda stake, valuing unit at 300 billion yuan

China’s largest property developer has raised 70 billion yuan, giving its Hengda unit a valuation exceeding 300 billion yuan

Topic |   China property

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An Evergrande residential construction site in Guangzhou, Guangdong province. Photo: Reuters
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