A visitor looks at a model of a new apartment complex at a showroom of Evergrande Real Estate Group. The company is planning to list its property arm on the Shenzhen stock exchange. Photo: Reuters

China Evergrande raises a further US$9 billion to cut debt ahead of Shenzhen listing

Consumer electronics chain Suning Electrical Appliances and state-backed Shandong Highway lead funding of company’s Hengda Real Estate unit

Topic |   China property

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A visitor looks at a model of a new apartment complex at a showroom of Evergrande Real Estate Group. The company is planning to list its property arm on the Shenzhen stock exchange. Photo: Reuters
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