Evergrande-Linked Guangzhou Luxury Flat Sells for $7.3 Million at Court Auction, 57% Below Peak

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Read the full story Evergrande-Linked Guangzhou Luxury Flat Sells for $7.3 Million at Court Auction, 57% Below Peak
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A 317-sqm Guangzhou apartment tied to Evergrande founder Hui Ka Yan's family fetched 50.16 million yuan at a court-ordered auction — a stark marker of how far China's high-end property market has fallen.
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