PBOC is disappointing markets here…

HONG KONG (Reuters) -Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group’s Hong Kong headquarters building over worries about the developer’s dire financial situation, two sources said.

Exclusive-Evergrande’s $1.7 billion Hong Kong headquarters sale flops as buyer withdraws -sources (msn.com)

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