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** Shares of China Evergrande Group , the country's most indebted developer, rise as much as 9.7% to HK$7.94, on track to snap three straight sessions of decline

** Stock last up 6.8% at HK$7.73; biggest percentage gainer in the Hang Seng China Enterprises Index and among the 15 most actively traded by turnover

** Stock down 19.6% so far this week, heading for the worst week since May 2015

** Co says it has solved legal disputes with China Guangfa Bank and that the two sides will deepen business cooperation

** HSBC and Standard Chartered are declining loans to buyers of property in two uncompleted Hong Kong residential projects developed by China Evergrande, three mortgage brokers said on Wednesday

** One of the brokers said Bank of East Asia had taken a similar step

** Evergrande's unit China Evergrande New Energy Vehicle Group surges 17.9% to HK$15.56 after eight straight sessions of decline

** The Hang Seng Composite Index rises 1.2%

** Both the Hang Seng China Enterprises Index and the benchmark index rises 1.3%

** As of last close, China Evergrande Group stock had dropped 51.4% this year