Dow Jones Newswires: China Evergrande to sell stake in film production company for $273 million

China Evergrande Group is planning to sell its entire stake in a Hong Kong-listed film and television production company for 2.13 billion Hong Kong dollars ($273.5 million), the latest move by debt-strapped conglomerate to generate cash.

China Evergrande Group is planning to sell its entire stake in a Hong Kong-listed film and television production company for 2.13 billion Hong Kong dollars ($273.5 million), the latest move by debt-strapped conglomerate to generate cash.