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Jan 29, 2024 · The slowburn crisis at Evergrande has sent shockwaves through the investment community, with its potential impact likened to the collapse of Lehman Brothers at the start of the financial crisis.
Jan 31, 2024 · Hong Kong CNN — The liquidation of Evergrande as ordered by a court this week has raised more questions than answers about how the collapse of the poster child of China’s real estate crisis...
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Jan 30, 2024 · A Hong Kong court has ordered the liquidation of the Evergrande Group, China's giant and massively indebted real estate developer, after the company was unable to restructure the $300 billion it...
Jan 30, 2024 · Evergrande had been seeking a $23 billion debt restructuring plan, but that fell apart last year when the company's billionaire CEO, Hui Ka Yan, also known as Xu Jiayin — once one of Asia's richest people — came under investigation for unspecified criminal behavior.
Dec 20, 2021 · When the world started to take notice of Evergrande's $300bn (£226bn) debt crisis earlier this year, some asked whether it would become China's "Lehman moment".
Jan 29, 2024 · A court in Hong Kong has ordered the winding up of Evergrande Group, the world’s most indebted property developer, dealing another blow to investor confidence as China’s ailing real estate sector...
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Aug 31, 2023 · An aerial view shows the 39 buildings developed by China Evergrande Group that authorities have issued demolition order, on the man-made Ocean Flower Island in Danzhou, Hainan province, China...
