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China debt crunch

Dividend sweet talk fails to charm China Evergrande investors

Analysts speculate shareholders will get stock in EV unit

If China Evergrande distributes a major part of its holdings in Evergrande NEV as a dividend, it can remove the unit's debts from its balance sheet.    © Reuters

HONG KONG -- Investors are fleeing from China Evergrande Group despite surprise talk from the world's most indebted developer about a special dividend this week, as well as louder chatter about asset sales and debt reduction.

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