CHINA TOPIX

11/02/2024 05:21:26 pm

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Evergrande

Evergrande, Cala

Chinese Property Developer Evergrande in Talks With Cala

Evergrande, China's second-largest property developer, is in talks with UK housebuilder Cala Homes.

China’s Evergrande Group said one of its units Kailong Real Estate will acquire a controlling stake in developer Shenzhen Special Economic Zone Real Estate & Properties by reorganizing its assets.

China Evergrande's Unit to Acquire Controlling Stake of Shenzhen Real Estate

China's Evergrande Group said one of its units will acquire a controlling stake in developer Shenzhen Special Economic Zone Real Estate & Properties by swapping assets.

Property developer China Evergrande bought an added 2.1 percent stake in China Vanke.

China Evergrande Raises Its China Vanke Stake

China Evergrande Group has bought additional shares of China Vanke Co Ltd. worth 5.46 billion yuan ($823 million), increasing its stake from 4.68 percent to 6.82 percent, the company announced in a filing with the Hong Kong stock exchange on Monday.

Evergrande buys another $1.5 billion worth of Shengjing Bank share.

Evergrande Buys Additional $1.5B Worth of Shengjjing Bank Shares

Property developer Evergrande Real Estate has agreed to buy an additional 10 billion yuan ($1.5 billion) worth of stakes in Shengjing Bank, the firm said during a filing at the Hong Kong Stock Exchange on Thursday.

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