Financial News
Author: Zhai Ziqian
2020-07-30 17:14
Last update date: 2020-07-30 17:14According to IFR under "Reuters", Evergrande Group (3333) plans to spin off its property management business and list it in Hong Kong in the first half of 2021. The scale of fundraising is about 1 billion to 2 billion US dollars, which is equivalent to 7.8 billion to 15.6 billion. yuan.
According to reports, Evergrande is discussing listing matters with UBS, ABC, CCB, Huatai Financial, CLSA and Haitong International.
According to Evergrande’s 2019 annual results, as of the end of December last year, the property management business revenue reached 4.38 billion yuan, an increase of 7.6% year-on-year.
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