HK-listed developer China Evergrande falls on weak property sales in June

** Shares of China Evergrande Group fall 2.9% to HK$9.83, their lowest since June 21, and on course for second session of declines

** China's most indebted property developer says contracted sales of properties in June amounted to 71.63 bln yuan ($11.1 bln), down 5.8% from 76.05 bln yuan in 2020

** Moody's has downgraded China Evergrande and its 60%-owned onshore subsidiary Hengda Real Estate Group, as the Chinese property developer tackles its large debt maturities - Refinitiv publication IFR reports

** The Hong Kong Hang Seng sub-index tracking property firms drops 1.1%

** The Hang Seng China Enterprises index falls 2.3%, and the benchmark index slips 1.9%

** Stock had dropped 32.1% this year, as of last close