After the CFO leaves, Paramount Group (PGRE.US) begins strategic evaluation with a vow to reduce market value discount.

According to the Tencent Finance APP, the stock price of Paramount Group (PGRE.US), a real estate investment trust company, surged by over 17% in early trading on Monday amidst a pullback in the three major U.S. stock indexes. Prior to this, the company announced that it would initiate a strategic review process to maximize shareholder value. Meanwhile, the Chief Financial Officer and General Counsel of this American real estate giant, which focuses on office building REITs, suddenly resigned, and shortly thereafter, the company announced that it would undergo a strategic evaluation.