China Evergrande's stake in services unit falls to 51.7% due to forced selling

China Evergrande's stake in services unit falls to 51.7% due to 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

China Evergrande Group’s shareholding in its property services unit has fallen to 51.71% from 58.18% after forced selling of pledged shares by a third party, a Hong Kong stock exchange filing showed.

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