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China Evergrande’s ex-CEO sells Hong Kong home at almost half of purchase price

HONG KONG, June 14 (Reuters) – China Evergrande’s (3333.HK), opens new tab former CEO, who Chinese regulators recently said was “uncontactable”, has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to a property agent.
Xia Haijun last month sold a 2,834 net sq ft (263 sq m) five-bedroom duplex flat in North Point Mid-Levels district on Hong Kong island for HK$82 million, said Gary Lam, a senior sales director at real estate agency Centaline.
Source: REUTER

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