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Evergrande in trading halt as rival prepares to swoop – Sydney Morning Herald
The ailing Chinese property developer is looking to secure a rescue merger to avoid defaulting on billions of dollars worth of…
Singapore: Embattled Chinese property developer Evergrande went into a trading halt on Monday as it looks to secure a rescue merger to avoid defaulting on billions of dollars worth of debt.
The company has seen its share price fall by more than 80 per cent…
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