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Developer Evergrande Drops $840M On 3 China Projects

By Andrew McIntyre (July 15, 2015, 3:30 PM EDT) -- Chinese Estates Holdings Ltd. is selling three development projects — one of which will have retail and hotel components — in Chengdu, China, to Evergrande Real Estate Group Ltd. for HK$6.5 billion ($840 million), the Hong Kong-listed developers said Tuesday in separate statements....

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