Evergrande Group Sells Holdings in HengTen Networks for $92 Million, Tencent Becomes Largest Shareholder
Chinese property developer Evergrande Group successively sold its shares in HengTen Networks on November 4 and 5, cashing out about HKD 717 million ($92.1 million) in total and lowering its shareholding ratio from 26.55% to 22.98%, the HKEx website showed.
After this reduction, Evergrande will be the second largest shareholder in H…
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