China Evergrande Group’s Riverside Mansion project, on the eastern bank of the Huangpu River in Shanghai. Photo: Daniel Ren China Evergrande Group’s Riverside Mansion project, on the eastern bank of the Huangpu River in Shanghai. Photo: Daniel Ren
China Evergrande Group’s Riverside Mansion project, on the eastern bank of the Huangpu River in Shanghai. Photo: Daniel Ren

China Evergrande unit slides by record in US$1.9 billion sell-off as seller offloads stock after lock-up period expires

  • Several blocks totalling 270 million shares were traded at HK$9.80 each, a 12 per cent discount to Tuesday’s closing price
  • Lock-up period on key investors expired today after the unit of China’s top developer started trading in Hong Kong on December 2

Topic |   China property
China Evergrande Group’s Riverside Mansion project, on the eastern bank of the Huangpu River in Shanghai. Photo: Daniel Ren China Evergrande Group’s Riverside Mansion project, on the eastern bank of the Huangpu River in Shanghai. Photo: Daniel Ren
China Evergrande Group’s Riverside Mansion project, on the eastern bank of the Huangpu River in Shanghai. Photo: Daniel Ren
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