China Evergrande chairman's stake in services unit drops on forced selling

China Evergrande chairman's stake in services unit drops on forced selling

FILE PHOTO: An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip/File Photo/File Photo

The shareholding of China Evergrande Group’s chairman in its property services unit has fallen to 58.18% from 60.96% after forced selling of pledged shares by a third party, a Hong Kong stock exchange filing showed.

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