The Evergrande residential complex is in Beijing.
The images are from ANDREA Verdelli.
Evergrande's shares fell 5% on Thursday after the Chinese property developer sold its stake in a major tv and film streaming service.
Evergrande is selling its 18% stake in the company for HK$2.13 billion, according to a Wednesday filing to the Hong Kong stock exchange. The company said it will have a loss of HK$8.6 billion on the sale.
The world's most indebted developer is the Chinese real-estate giant. It has been holding fire-sales of its assets to free up cash.
The Dutch electric motor maker e-Traction was sold for 2 million euros, or about $2 million, a 97 percent discount on its purchase price.
The Evergrande shares closed at 2.64 Hong Kong dollars. The company's stock price has plummeted over the last year. China's CSI 300 fell just under 1%, while the broader Hang Seng index dropped 1.3%.
The Chinese property giant was able to pay off several bond coupons just in time, averting a default that could have sent the rest of the property sector in the country into crisis.
It failed to pay $82.50 million in coupons on November 6 and investors are waiting to see if it can meet the December 6 deadline.
The founder and chairman of Evergrande was told to use his own money to pay off the debt.
According to China Business News, the company has already used about 7 billion Chinese yuan of his own funds raised from selling and pledging assets.
According to an unnamed source, it's just Hui personally raising money for Evergrande.
Evergrande did not reply to Insider's request for comment.
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