China Evergrande Group ordered to liquidate; Hong Kong trading suspended
A Hong Kong court placed China Evergrande Group into liquidation Monday after the company repeatedly failed to come up with a viable plan to restructure…
A Hong Kong court placed China Evergrande Group into liquidation Monday after the company repeatedly failed to come up with a viable plan to restructure…
DEVELOPING STORYDEVELOPING STORY, Hong Kong court orders developer to wind up after finding company has no viable restructuring plan. China’s troubled real estate giant Evergrande…
Move will protect property giant’s assets in the United States as it attempts to restructure. China’s Evergrande Group, the world’s most indebted property developer, has…