Evergrande’s Hui Cuts Stake for First Time in Race for Cash

Evergrande’s Hui Cuts Stake for First Time in Race for Cash

(Bloomberg) -- China Evergrande Group Chairman Hui Ka Yan cut his stake in the company for the first time since it went public in 2009, the latest sign he’s liquidating personal assets to help stave off a default by the world’s most indebted developer.

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