An aerial view of construction sites and new residential developments in the Nanchuan area of Xining, Qinghai province, China. Bloomberg | Bloomberg | Getty Images Shares of embattled Chinese property giant Evergrande surged Tuesday after it resumed trading in Hong Kong. The stock rose 20.31% after briefly touching 46 Hong Kong cents shortly after the open. Shares have been
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Barstool Sports founder Dave Portnoy just snatched up a luxurious Nantucket compound for a staggering $42 million, a sum that has left even the island’s well-heeled residents in awe. This off-market deal has not only set a new record for Nantucket, but has also smashed records across Portnoy’s native Massachusetts, as property records proudly proclaim.
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China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A day after China Evergrande’s shares were suspended in Hong Kong, the beleaguered Chinese property firm revealed that its director and executive chairman is under scrutiny over suspected crimes.
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