Sunday, January 28, 2024

Hong Kong court orders Chinese property developer Evergrande to liquidate

A lit sign atop a commercial building shows Chinese characters and English that reads, 'Evergrande Group.'

A Hong Kong court on Monday ordered the liquidation of property company China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policy-makers scramble to contain the deepening crisis.



source https://www.cbc.ca/news/business/evergrande-liquidation-property-developer-china-1.7097624?cmp=rss

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