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flag China Evergrande's property unit draws billion-dollar offers as liquidation progresses.

flag Liquidators of China Evergrande Group have received non-binding offers for the company's property management unit, Evergrande Property Services Group, valued at about HK$9.95 billion (US$1.28 billion). flag Potential bidders, including state-owned companies, will be invited to submit final offers in November. flag Evergrande's shares were suspended in January and the company was officially delisted in August.

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