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Five months after billionaire Hui Ka Yan navigated a liquidity scare at his China Evergrande Group, investors are about to get a fresh read on the financial health of the conglomerate.
Evergrande’s four main listed units will report earnings this month, starting with its services arm on Tuesday, followed by its electric-vehicle startup on March 25. Dates for the debt-saddled developer and cultural business unit are yet to be announced.
The results will offer the biggest clues on how the group is doing since its cash crunch in September sent investors running for the exit and spooked China’s top financial officials. Since the crisis, Hui’s empire has won more shareholder support, more than doubling its combined market size to $121 billion as of Monday’s close.
Evergrande $121 Billion Empire to Give Scorecard After Scare
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What to Watch For in Evergrande Empire s Post-Crisis Earnings
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