Hopson Development to buy Evergrande unit -Global Times, citing media reports

  • 10/4/2021
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HONG KONG, Oct 4 (Reuters) - Hopson Development (0754.HK) plans to acquire around 51% of China Evergrande"s property services (6666.HK) unit for more than HK$40 billion ($5 billion), China"s Global Times newspaper said on Monday, citing unnamed media reports. Shares of China Evergrande, Evergrande Property Services Group and Hopson were all suspended on Monday. ($1 = 7.7863 Hong Kong dollars) Reporting By Donny Kwok and Anne Marie Roantree; Editing by Tom Hogue Our Standards: The Thomson Reuters Trust Principles.

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