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Hopson Development to buy Evergrande unit -Global Times, citing media reports By Reuters

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© Reuters. FILEPHOTO: A sign for the China Evergrande Centre can be seen in Hong Kong on September 23, 2021. REUTERS/Tyrone Siu/File photo

HONG KONG (Reuters] – Hopson Development intends to buy around 51% China Evergrande’s Property Services Unit for more than HK$40Billion ($5 billion), China’s Global Times newspaper reported Monday.

All shares in China Evergrande Property Services Group, China Evergrande Shares and China Hopson were suspended Monday

($1 = 7.7863 Hong Kong dollars)

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