Hopson Development to purchase Evergrande unit -Global Times, citing media reviews


HONG KONG, Oct 4 (Reuters) – Hopson Development (0754.HK) plans to amass round 51% of China Evergrande’s property providers (6666.HK) unit for greater than HK$40 billion ($5 billion), China’s Global Times newspaper stated on Monday, citing unnamed media reviews.

Shares of China Evergrande, Evergrande Property Services Group and Hopson have been all suspended on Monday.

($1 = 7.7863 Hong Kong {dollars})

Reporting By Donny Kwok and Anne Marie Roantree; Editing by Tom Hogue

The China Evergrande Centre building sign is seen in Hong Kong, China September 23, 2021. REUTERS/Tyrone Siu/File Photo