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** Shares of China's property developer Evergrande Group rise 8.8% to HK$11.38, their highest since June 11

** Stock up 14.4% so far this week, on course for the best week since October 2020

** Stock is the biggest percentage gainer in the Hang Seng China Enterprises Index and the third-biggest percentage gainer in Hang Seng Composite Index

** China's most indebted property developer said it had arranged its own funds of HK$13.6 bln ($1.75 bln) to repay bonds due on Monday, as well as to pay interest on all other dollar bonds

** Says it has no further bonds due before next March, whether onshore or off

** The Hang Seng Composite Index gains 0.1%

** Both the Hang Seng China Enterprises Index and the benchmark index gain 0.2%

** As of last close, stock down 29.8% this year