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Property

China Evergrande spinoff's market debut falls flat in Hong Kong

Property Services unit drops below offering price after $1.8bn IPO

China Evergrande Group is working to boost its finances and alleviate a liquidity crunch.   © Reuters

HONG KONG -- The market debut of Evergrande Property Services fell flat on Wednesday, underscoring investor nervousness over the health of its parent company, Asia's biggest private-sector debtor.

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