AndronETalksNews
CNBC
By Eustance Huang – September 23, 2021
Hong Kong-listed shares of investment holding firm Chinese Estates surged on Thursday after the firm announced plans to potentially dispose of its entire stake in debt-ridden developer China Evergrande Group.
On Thursday morning, shares of Chinese Estates soared as high as 15.14%. Some of those gains were pared later in the session, but the stock still rose 5.5% on the day.
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