August 1, 2021 Hong Kong (Reuters) – China’s most debt-rich real estate developer Evergrande Group has agreed to sell its stake in the Internet unit HengTen Networks Group Ltd for a total of HK $ 3.25 million ($ 418.2 million). After Evergrande said in June that the project company hadn’t paid the commercial paper on time, there was growing concern about the potential for developer debt and systematic financial risks, but said they were arranging payments. Stated. Fitch downgraded its credit rating on Wednesday, raising concerns about potential defaults. To relieve pressure, Evergrande sold HK $ 3.20 per share, 7%...