Evergrande’s shares have rallied sharply during the past year on expectations that a capital raising had helped the company to lower interest expenses on its perpetual bonds. Photo: AFP

Evergrande issues positive profit alert, saying 2017 net income should rise ‘4 to 5 times’ from last year

Topic |   China property

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Evergrande’s shares have rallied sharply during the past year on expectations that a capital raising had helped the company to lower interest expenses on its perpetual bonds. Photo: AFP
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