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UK fund manager Ashmore exited bet on China Evergrande - Bloomberg News

Published 09/02/2024, 01:09
Updated 09/02/2024, 01:16
© Reuters. FILE PHOTO: An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. REUTERS/Florence Lo/File Photo

(Reuters) - UK's Ashmore Group, formerly a major holder of China Evergrande Group's offshore debt, fully exited its investment in the Chinese property developer late last year, Bloomberg News reported on Thursday, citing people familiar with the matter.

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