Evergrande's interests in Hong Kong plot sold by receivers for $637m

Evergrande's interests in Hong Kong plot sold by receivers for $637m

FILE PHOTO: A crane stands at a construction site near the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China, Sept. 26, 2021. REUTERS/Aly Song

China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong’s Yuen Long district have been sold by its receivers for $636.94 million.