Hopson Development to buy Evergrande unit -Global Times, citing media reports
The China Evergrande Centre building sign is seen in Hong Kong, China September 23, 2021. REUTERS/Tyrone Siu
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HONG KONG, Oct 4 (Reuters) - Hopson Development (0754.HK) plans to acquire around 51% of China Evergrande's property services (6666.HK) unit for more than HK$40 billion ($5 billion), China's Global Times newspaper said on Monday, citing unnamed media reports.
Shares of China Evergrande, Evergrande Property Services Group and Hopson were all suspended on Monday.
($1 = 7.7863 Hong Kong dollars)
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