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China's troubled real estate sector continues to face challenges as liquidators of Evergrande and Kaisa Group appoint legal advisers for winding-up processes. Former central bank governor Yi Gang proposes new pre-sale fund usage for developers amid market concerns.
The trading of Vanke's 2027 due 3.7% onshore bond was halted before a 20% jump in the afternoon. #China #Vanke #property https://t.co/qM6hYFVi3X
China Evergrande liquidators appoint legal advisers, sources say https://t.co/2uvmogCoxE https://t.co/DwVJCO1jRH
Fresh from me today: China Evergrande liquidators appoint legal advisers, sources say https://t.co/MxtfMUKt7O
