Evergrande Jumps After $555 Million Deal to Buy Calxon Stake

  • Lucror's Zhou says move might signal mainland re-listing
  • Evergrande says land reserves to be enhanced with acquistion

Evergrande Real Estate Group Ltd. shares surged in Hong Kong after it agreed to pay 3.6 billion yuan ($555 million) to acquire a stake in China Calxon Group Co.

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