Shares of Chinese real estate developer Evergrande dropped as much as 4.9% in Hong Kong on Wednesday, extending losses from the day before when the company’s billionaire chairman, Hui Ka Yan, unexpectedly stepped down from a key onshore unit.
Source: https://www.forbes.com/sites/ywang/2021/08/18/evergrande-continues-to-slide-after-billionaire-hui-ka-yan-steps-down-from-onshore-unit/
