A consortium of investors to acquire a 28% stake in Evergrande Property Services for $3bn.

A consortium of investors to acquire a 28% stake in Evergrande Property Services, the property management services business of Evergrande Group, for $3bn. The consortium of investors include 13 investors including Chan Hoi Wan, Sequoia Capital, Yunfeng Capital, Tencent, CITIC Capital, ABC International, China Everbright, and Huatai International Greater Bay Area Investment. The introduction of strategic investors will enhance the corporate profile of the business and support its growth.