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Traders are loading up on bets against the world's 'most levered real estate developer'

China Evergrande, the world's most debt-ridden real estate developer, is attracting interest from short sellers even with the stock up big in 2017.

China Evergrande Group Chairman Hui Ka Yan attends a news conference on the property developer's annual results in Hong Kong, China.

The world's most debt-ridden real estate developer will soon be without its biggest driver of share gains, and investors are ready to pounce.

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