CHINA EVERGRANDE GROUP TO SELL 10% OF FCB TO 17 INVESTORS

Highlights –

• China Evergrande Group to sell 10% of FCB to 17 investors.
• The company’s online real estate and automobile marketplace will be sold for $2.10 billion.
• The company is doing so to raise funds ahead of the unit’s...

ARE CHINA’S TYCOONS OUT OF LEAGUE WITH THE REST?

• One day you are right on top of the world, next day you are down in the dumps!  China’s billionaire rankings are as finicky as ever. In 2017,
• Hui Ka Yan, founder of real estate developer China Evergrande Group, was the nation’s most opulent man.

Record Dividend Payout gives China's 3rd richest US$2 Billion

Hui Ka-yan, chairman of China Evergrande Group, gain an enormous sum of cash after a result of the property developer and electric-car wannabe declaring a record dividend in 2018.

The board offered a proposal of 1.42 yuan for each share for the end of the year, a statement read this Sun...