China Evergrande says it will not hold news briefing after H1 earnings – Reuters

HONG KONG, Aug 30 (Reuters) – China Evergrande Group (3333.HK), the country's debt-laden No. 2 property developer, said on Monday it will not hold a news conference after it reports its first-half earnings on Tuesday.
The company did not provide a reason for the rare move.
Evergrande said last week it expected its six-month net profit to slump as much as 39% from a year earlier, dragged by a drop in its home selling prices and higher expenses. read more
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