Thumbs Down: Sunac, Leshi Shares Fall On $2 Bln Plan To Help Billionaire's Empire

Shares in real estate developer Sunac Chinaplunged by 8.1% in Hong Kong on Monday amid investor doubts about the wisdom of its plan to invest $2.2 billion in the business empire of Beijing billionaire Jia Yueting. Sunac said on Friday it will buy 8.6% of Shenzhen-listed Leshi Internet Information & Technology [...]

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