Evergrande Continues To Slide After Billionaire Hui Ka Yan Steps Down From Onshore Unit

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/

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