China Evergrande says it will not hold news briefing after H1 earnings

  • 8/30/2021
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HONG KONG, Aug 30 (Reuters) - China Evergrande Group (3333.HK), the country"s debt-laden No. 2 property developer, said on Monday it will not hold a news conference after it reports its first-half earnings on Tuesday. The company did not provide a reason for the rare move. Evergrande said last week it expected its six-month net profit to slump as much as 39% from a year earlier, dragged by a drop in its home selling prices and higher expenses. read more

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