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Evergrande shareholder Chinese Estates stock soars on take-private offer

Shares of Chinese Estates Holdings, a former major shareholder of embattled developer China Evergrande, jumped as much as 32% on Thursday after it announced an offer to be taken private for HK$1.91 billion ($245 million).

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Evergrande s major shareholder Chinese Estates plans to go private

Chinese Estates Holdings , a major shareholder of embattled developer China Evergrande , said on Wednesday it had proposed to be taken private by Solar Bright Ltd for HK$1.91 billion ($245.30 million).

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Evergrande s shareholder Chinese Estates plans to go private

Evergrande s shareholder Chinese Estates plans to go private
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Evergrande s major shareholder Chinese Estates plans to go private

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