Evergrande’s $2.7 bln dividend signals China listing delay, likely cash crunch-analysts
Evergrande Group’s
record dividend, which is set to bring a $2 billion windfall for
its chairman, could signal a delay to a planned domestic listing
for the Chinese property firm and a potential cash squeeze,
analysts said.
record dividend, which is set to bring a $2 billion windfall for
its chairman, could signal a delay to a planned domestic listing
for the Chinese property firm and a potential cash squeeze,
analysts said.
Posted by Reuters
