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Oct 30, 2023 · A Hong Kong High Court judge has given crisis-hit Chinese property giant Evergrande one last chance to come up with a new deal over its huge debts or face liquidation. A winding-up...
Dec 1, 2023 · If the Hong Kong court orders Evergrande to be wound up, bondholders’ attempts to salvage some returns would enter a new and perhaps even less predictable phase.
The new measures led Evergrande to offer its properties at major discounts to ensure money was coming in to keep the business afloat. Now it is struggling to meet the interest payments on its...
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 will...
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Jan 29, 2024 · Ordinary Chinese property buyers have limited options to demand compensation, but many have taken to social media to express their frustration about developers like Evergrande. Big investors have...
Oct 5, 2021 · The potential deal would give the world's most indebted property developer a much needed cash injection as it tries to raise the funds to make payments to customers, investors and suppliers.
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Jul 29, 2022 · HONG KONG, July 29 (Reuters) - China Evergrande Group (3333.HK) will offer asset packages that may include shares in its two overseas-listed businesses as a sweetener for restructuring offshore...
