Evergrande introduces US$9.04bln third round investment

The Evergrande Group, China’s second-largest property developer by sales, said in an announcement that its indirect subsidiary Evergrande Real Estate has signed a capital increase agreement with six strategic investors to introduce a 60-billion-yuan third round investment, Yicai.com reported. The total amount of the three investments is 130 billion yuan (US$19.59 billion). Xia Haijun, the […]